Minneapolis/St. Paul, Minnesota prices:$29,000 in 1986$80,218.71 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1986-2026 ($29,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 176.62% higher in 2026 versus 1986 (a $51,218.71 difference in value).

Between 1986 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.58% per year. This rate of change indicates significant inflation. In other words, $29,000 in Minneapolis/St. Paul in the year 1986 would cost $80,218.71 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1986: Pricing changed by 1.31%, which is below the average yearly change in Minneapolis/St. Paul during the 1986-2026 time period. Compared to inflation for all items in 1986 (1.90%), inflation in Minneapolis/St. Paul was lower.

Price Inflation in Minneapolis-St Paul, Minnesota since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (7.45%), 1988 (5.02%), and 2021 (4.84%).

View price changes for other categories
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Buying power of $29,000.00 since 1986

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $29,000 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$29,000.001.31%
1987$29,856.092.95%
1988$31,354.245.02%
1989$32,638.384.10%
1990$33,976.014.10%
1991$34,885.612.68%
1992$36,116.243.53%
1993$37,239.853.11%
1994$38,416.973.16%
1995$39,326.572.37%
1996$40,637.453.33%
1997$41,573.802.30%
1998$42,349.631.87%
1999$43,687.273.16%
2000$45,506.464.16%
2001$47,218.633.76%
2002$48,047.971.76%
2003$48,877.311.73%
2004$50,268.452.85%
2005$51,659.592.77%
2006$52,488.931.61%
2007$53,839.142.57%
2008$55,902.053.83%
2009$55,616.06-0.51%
2010$56,643.101.85%
2011$58,679.253.59%
2012$60,048.992.33%
2013$61,213.271.94%
2014$62,069.901.40%
2015$61,683.05-0.62%
2016$62,640.271.55%
2017$64,003.052.18%
2018$65,535.992.40%
2019$66,910.282.10%
2020$67,683.701.16%
2021$70,960.114.84%
2022$76,247.537.45%
2023$78,310.702.71%
2024$80,218.712.44%
2025$80,218.710.00% **
2026$80,218.710.00% **

* 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 Minneapolis-St Paul, Minnesota:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852299.852299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1986* 1986 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 108.400 in the year 1986 and 299.852 in 2026:

299.852 / 108.400* $29,000 = $80,218.71

Therefore, according to U.S. Bureau of Labor Statistics, $29,000 in 1986 has the same "purchasing power" as $80,218.71 in 2026 (in the CPI category of Minneapolis-St Paul, Minnesota).


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

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