According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota were 5.75% higher in 2020 versus 2017 (a $1.15 difference in value).
Between 2017 and 2020: Minneapolis/St. Paul experienced an average inflation rate of 1.88% per year. In other words, $20 in Minneapolis/St. Paul in the year 2017 would cost $21.15 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.83% during this same period, inflation in Minneapolis/St. Paul was higher.
In the year 2017: Pricing changed by 2.18%, which is above the average yearly change in Minneapolis/St. Paul during the 2017-2020 time period. Compared to inflation for all items in 2017 (2.13%), 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 $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|