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L'Oreal Cobalt Blue (250) is a cool blue with a satin finish that is permanent and retails for $8.99. In comparison, Make Up For Ever M22 Matte Majorelle Blue is a cool blue with a matte finish that is permanent and retails for $21.00.
Make Up For Ever M22 Matte Majorelle Blue is 95% similar — it is more muted.