According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota were 12.71% higher in 2020 versus 2012 (a $137,940,523.69 difference in value).
Between 2012 and 2020: Minneapolis/St. Paul experienced an average inflation rate of 1.51% per year. In other words, $1,084,939,099 in Minneapolis/St. Paul in the year 2012 would cost $1,222,879,622.69 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.51% 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 2012-2020 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 $1084939099 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|