Minneapolis/St. Paul, Minnesota prices:$550 in 1986$1,521.39 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1986-2026 ($550)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 176.62% higher in 2026 versus 1986 (a $971.39 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, $550 in Minneapolis/St. Paul in the year 1986 would cost $1,521.39 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 $550.00 since 1986

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $550 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$550.001.31%
1987$566.242.95%
1988$594.655.02%
1989$619.004.10%
1990$644.374.10%
1991$661.622.68%
1992$684.963.53%
1993$706.273.11%
1994$728.603.16%
1995$745.852.37%
1996$770.713.33%
1997$788.472.30%
1998$803.181.87%
1999$828.553.16%
2000$863.054.16%
2001$895.533.76%
2002$911.251.76%
2003$926.981.73%
2004$953.372.85%
2005$979.752.77%
2006$995.481.61%
2007$1,021.092.57%
2008$1,060.213.83%
2009$1,054.79-0.51%
2010$1,074.271.85%
2011$1,112.883.59%
2012$1,138.862.33%
2013$1,160.941.94%
2014$1,177.191.40%
2015$1,169.85-0.62%
2016$1,188.011.55%
2017$1,213.852.18%
2018$1,242.922.40%
2019$1,268.992.10%
2020$1,283.661.16%
2021$1,345.804.84%
2022$1,446.077.45%
2023$1,485.202.71%
2024$1,521.392.44%
2025$1,521.390.00% **
2026$1,521.390.00% **

* 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* $550 = $1,521.39

Therefore, according to U.S. Bureau of Labor Statistics, $550 in 1986 has the same "purchasing power" as $1,521.39 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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