The aggregate demand curve tends to shift to the left when total consumer spending declines. Consumers might spend less because the cost of living is rising or because government taxes have increased. Consumers may decide to spend less and save more if they expect prices to rise in the future.
Plan B, the emergency contraceptive pill that went over-the-counter in 2011, sells for around $50. That is the only example we have of a similar drug on the shelf. Depending on the pill, the out of pocket cost right now can range from $20 to $100 per pill pack, explains Sally Rafie, PharmD. Of course, birth control choices arenât just driven by costs â but also by side effects and other health concerns, such as acne, polycystic ovary syndrome, endometriosis, and more.
On average, 5 out of every 100 women who rely on birth control pills get pregnant each year. The Cost: According to Planned Parenthood, birth control pills cost between $15 to $50 a month, depending on health-insurance coverage and type of pill. On an annual basis, that means the Pill costs between $160 to $600. Birth Control Patch: This hormone-based method goes on the skin and works the same way as the pill. Each patch lasts for one week and, like the pill, users also face a 5 percent chance of pregnancy. The Cost: The same as the pillâon average, between $15 to $50 a month, or between $160 to $600 a year.