Minneapolis/St. Paul, Minnesota prices:$44,000 in 1988$112,572.42 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1988-2026 ($44,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 155.85% higher in 2026 versus 1988 (a $68,572.42 difference in value).

Between 1988 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.50% per year. This rate of change indicates significant inflation. In other words, $44,000 in Minneapolis/St. Paul in the year 1988 would cost $112,572.42 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.69% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1988: Pricing changed by 5.02%, which is above the average yearly change in Minneapolis/St. Paul during the 1988-2026 time period. Compared to inflation for all items in 1988 (4.08%), inflation in Minneapolis/St. Paul was higher.

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%).

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Buying power of $44,000.00 since 1988

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $44,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$44,000.005.02%
1989$45,802.054.10%
1990$47,679.184.10%
1991$48,955.632.68%
1992$50,682.593.53%
1993$52,259.393.11%
1994$53,911.263.16%
1995$55,187.712.37%
1996$57,027.303.33%
1997$58,341.302.30%
1998$59,430.031.87%
1999$61,307.173.16%
2000$63,860.074.16%
2001$66,262.803.76%
2002$67,426.621.76%
2003$68,590.441.73%
2004$70,542.662.85%
2005$72,494.882.77%
2006$73,658.701.61%
2007$75,553.482.57%
2008$78,448.403.83%
2009$78,047.06-0.51%
2010$79,488.331.85%
2011$82,345.703.59%
2012$84,267.882.33%
2013$85,901.741.94%
2014$87,103.861.40%
2015$86,560.99-0.62%
2016$87,904.271.55%
2017$89,816.692.18%
2018$91,967.882.40%
2019$93,896.452.10%
2020$94,981.811.16%
2021$99,579.664.84%
2022$106,999.597.45%
2023$109,894.882.71%
2024$112,572.422.44%
2025$112,572.420.00% **
2026$112,572.420.00% **

* 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 1988* 1988 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 117.200 in the year 1988 and 299.852 in 2026:

299.852 / 117.200* $44,000 = $112,572.42

Therefore, according to U.S. Bureau of Labor Statistics, $44,000 in 1988 has the same "purchasing power" as $112,572.42 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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