According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota were 9.14% higher in 2018 versus 2012 (a $0.09 difference in value).
Between 2012 and 2018: Minneapolis/St. Paul experienced an average inflation rate of 1.47% per year. In other words, $1 in Minneapolis/St. Paul in the year 2012 would cost $1.09 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.50% during this same period, inflation in Minneapolis/St. Paul was lower.
In the year 2012: Pricing changed by 2.33%, which is above the average yearly change in Minneapolis/St. Paul during the 2012-2018 time period. Compared to inflation for all items in 2012 (2.07%), inflation in Minneapolis/St. Paul was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Minneapolis-St Paul, Minnesota:
Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|