According to the U.S. Bureau of Labor Statistics, prices in St Louis, Missouri are 9.43% higher in 2021 versus 2016 (a $4,423.31 difference in value).
Between 2016 and 2021: St. Louis experienced an average inflation rate of 1.82% per year. In other words, $46,890 in St. Louis in the year 2016 would cost $51,313.31 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation in St. Louis was lower.
In the year 2016: Pricing changed by 0.80%, which is below the average yearly change in St. Louis during the 2016-2021 time period. Compared to inflation for all items in 2016 (1.26%), inflation in St. Louis was lower.
Below are calculations of equivalent buying power in St. Louis, over time, for $46,890 beginning in 2016. 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 St Louis, Missouri: