Not only do women make less on the workforce, but now according to the latest Consumer Report, women are also being charged more for the products that they use compared to the ones for men.
Nivea Body Wash for men: $5.49
Nivea Body Wash for women: $7.49
Why the two dollar difference? Well according to Consumer Reports senior editor Tod Marks, is that the women’s product is made with “skin-sensation technology,” which makes it more expensive.
This was not the only situation where women had to pay more for their product. Consumer Reports compared six his and hers products and discovered that products targeted for women can cost 50% more!
This is just another reason that the man should get the check at dinner.
Even more craziness!
A 2006 study (.pdf download) by the Consumer Federation of America indicated that women were 32% more likely than men of similar income to carry subprime mortgages. Those subprime interest rates topped 7.66% when the average prime mortgage rate was 5.87%. On a $100,000 loan, that’s nearly $120 a month more — about $43,000 more over 30 years. Women were 41% more likely to end up with high-cost subprime loans, at rates above 9.66%.
Most recently, during the debate over health care, another nasty reality was brought back into the spotlight: Many insurance companies charge women higher premiums and/or impose harsher terms (by rejecting claims or curtailing coverage), especially for those of childbearing age. Examples ranged from 22% to 50% higher, depending on age and state.
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