According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 10.57% higher in 2020 versus 2013 (a $10.57 difference in value).
Between 2013 and 2020: Minneapolis/St. Paul experienced an average inflation rate of 1.45% per year. In other words, $100 in Minneapolis/St. Paul in the year 2013 would cost $110.57 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 2013: Pricing changed by 1.94%, which is above the average yearly change in Minneapolis/St. Paul during the 2013-2020 time period. Compared to inflation for all items in 2013 (1.46%), inflation in Minneapolis/St. Paul was higher.
Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $100 beginning in 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Minneapolis-St Paul, Minnesota: