As inflation hits 40-year high, Minnesota consumers feel the pinch

One woman, who volunteers at the food shelf, said she’s worried by what she’s witnessed.

Minnesotans talk with Alpha News reporter Liz Collin about the impact of inflation on their budgets. (Alpha News)

With inflation at a 40-year high, Alpha News asked Minnesota consumers where they are feeling it most.

Alpha News conducted an informal survey and found gas prices at the top of the list. Some people said they are riding their bikes more and rethinking long road trips this summer.

Right now, the average gallon of gas in Minnesota costs $4.66, according to AAA. That’s up nine cents from a month ago and up $1.68 from a year earlier when gas was running about $2.98 a gallon.

The grocery store is another place Minnesotans are feeling the pinch. Between rising prices and hard-to-find staples, most people had a story about their favorites going up — from avocados to crackers, coffee and blueberries.

The Bureau of Labor Statistics said food-at-home prices rose 11.9 percent over the last 12 months. It’s the largest spike since 1979. Staples like meat, eggs and milk are all up.

Some consumers cited increases in building materials, housing, and rent.

According to one survey, the average rent for a 1-bedroom apartment in Minneapolis is currently $1,195, up 5% compared to rates from a year ago.

One woman, who volunteers at the food shelf, said she’s worried by what she’s witnessed.

“I’ve just noticed we’ve had way more people than ever that have needed to use that service,” she said.

“How long is it going to last; I think that’s the biggest question,” she added.


Liz Collin

Liz Collin has been a truth-teller for 20 years as a multi-Emmy-Award-winning reporter and anchor. Liz is a Worthington, Minnesota native who lives in the suburbs with her husband, son and loyal lab.