Minneapolis/St. Paul, Minnesota prices:$1.84 in 1989$4.52 in 2026

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1989-2026 ($1.84)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 145.78% higher in 2026 versus 1989 (a $2.68 difference in value).

Between 1989 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.46% per year. This rate of change indicates significant inflation. In other words, $1.84 in Minneapolis/St. Paul in the year 1989 would cost $4.52 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.63% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1989: Pricing changed by 4.10%, which is above the average yearly change in Minneapolis/St. Paul during the 1989-2026 time period. Compared to inflation for all items in 1989 (4.83%), 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
Admission to sporting events · Parking fees and tolls · Public transportation · Women's apparel · More

Buying power of $1.84 since 1989

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1.84 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$1.844.10%
1990$1.924.10%
1991$1.972.68%
1992$2.043.53%
1993$2.103.11%
1994$2.173.16%
1995$2.222.37%
1996$2.293.33%
1997$2.342.30%
1998$2.391.87%
1999$2.463.16%
2000$2.574.16%
2001$2.663.76%
2002$2.711.76%
2003$2.761.73%
2004$2.832.85%
2005$2.912.77%
2006$2.961.61%
2007$3.042.57%
2008$3.153.83%
2009$3.14-0.51%
2010$3.191.85%
2011$3.313.59%
2012$3.392.33%
2013$3.451.94%
2014$3.501.40%
2015$3.48-0.62%
2016$3.531.55%
2017$3.612.18%
2018$3.692.40%
2019$3.772.10%
2020$3.821.16%
2021$4.004.84%
2022$4.307.45%
2023$4.412.71%
2024$4.522.44%
2025$4.520.00% **
2026$4.520.00% **

* 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 1989* 1989 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 122.000 in the year 1989 and 299.852 in 2026:

299.852 / 122.000* $1.84 = $4.52

Therefore, according to U.S. Bureau of Labor Statistics, $1.84 in 1989 has the same "purchasing power" as $4.52 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.

» Read more about inflation and investment.