Lipsticks are made to appeal to the current fashion trend and come in a wide range of colors. Lipstick is made of dyes and pigments in a fragranced oil-wax base. Retail prices for lipsticks are relatively low, with quality products priced at less than $4.00. More expensive products are available, with prices ranging up to nearly $50.00 for exclusive products. Lip balms, by contrast, generally retail for less than $1.00.