According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota were 7.80% higher in 2019 versus 2014 (a $0.08 difference in value).
Between 2014 and 2019: Minneapolis/St. Paul experienced an average inflation rate of 1.51% per year. In other words, $1 in Minneapolis/St. Paul in the year 2014 would cost $1.08 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 lower.
In the year 2014: Pricing changed by 1.40%, which is below the average yearly change in Minneapolis/St. Paul during the 2014-2019 time period. Compared to inflation for all items in 2014 (1.62%), inflation in Minneapolis/St. Paul was lower.
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 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|