For me, it takes 34 seconds on M1 (MBP13):

    Finished release [optimized + debuginfo] target(s) in 34.50s
    ...
    cargo install -f ripgrep  137,66s user 13,00s system 435% cpu 34,632 total

For comparison TR1900x (yeah, desktop, power-guzzler, but also several years old), Fedora 34:

    Finished release [optimized + debuginfo] target(s) in 25.15s
    ...
    real        0m25,271s
    user        4m41,553s
    sys         0m7,216s