St. Louis price inflation, 2022→2024

Inflation in Missouri

Prices in St. Louis, 2022-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices in St Louis, Missouri are 6.74% higher in 2024 versus 2022 (a $1.35 difference in value).

Between 2022 and 2024: St. Louis experienced an average inflation rate of 3.32% per year. This rate of change indicates significant inflation. In other words, $20 in St. Louis in the year 2022 would cost $21.35 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.50% during this same period, inflation in St. Louis was lower.

In the year 2022: Pricing changed by 7.76%, which is significantly above the average yearly change in St. Louis during the 2022-2024 time period. Compared to inflation for all items in 2022 (8%), inflation in St. Louis was lower.

Price Inflation in St Louis, Missouri since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2022 (7.76%), 2021 (5.54%), and 1989 (5.27%).

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Buying power of $20.00 since 2022

Below are calculations of equivalent buying power in St. Louis, over time, for $20 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2022	$20.00	7.76%
2023	$20.77	3.85%
2024	$21.35	2.79%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for St Louis, Missouri:

Year	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
CPI	103.300	107.100	108.650	112.150	115.750	121.850	128.150	132.100	134.700	137.450	141.300	145.250	149.600	152.900	154.500	157.600	163.050	167.300	169.050	173.400	180.350	186.200	189.550	193.231	198.700	198.472	203.187	209.776	214.768	217.965	220.217	219.322	221.075	224.747	228.851	231.187	232.906	245.820	264.894	275.082	282.752

Adjust St. Louis prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2022 * 2022 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for St Louis, Missouri was 264.894 in the year 2022 and 282.752 in 2024:

282.752 / 264.894 * $20 = $21.35

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2022 has the same "purchasing power" as $21.35 in 2024 (in the CPI category of St Louis, Missouri).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for St Louis, Missouri in 1984. In addition to St. Louis, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.