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Trend Factor Calculation for Sibley County, MN

Sibley County, MN is part of the CPI Area.

The forecasts of the gross rent index and calculation of the resulting trend factor for the are shown below.
The Rent of Primary residence model is a Local Input Model. The Utility model is a Local Input Model.

CY2020 Actual Gross Rent Index FY2022 Forecasted Gross Rent Index Calculated Trend Factor
288.1949 296.2383 296.2383 / 288.1949 =
1.0279