According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota were 11.43% higher in 2019 versus 2012 (a $0.91 difference in value).
Between 2012 and 2019: Minneapolis/St. Paul experienced an average inflation rate of 1.56% per year. In other words, $8 in Minneapolis/St. Paul in the year 2012 would cost $8.91 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.55% during this same period, inflation in Minneapolis/St. Paul was higher.
In the year 2012: Pricing changed by 2.33%, which is above the average yearly change in Minneapolis/St. Paul during the 2012-2019 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 $8 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|