Minneapolis/St. Paul, Minnesota prices: $34 in 1989 $83.57 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1989-2026 ($34)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 145.78% higher in 2026 versus 1989 (a $49.57 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, $34 in Minneapolis/St. Paul in the year 1989 would cost $83.57 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
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Buying power of $34.00 since 1989

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $34 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$34.004.10%
1990$35.394.10%
1991$36.342.68%
1992$37.623.53%
1993$38.793.11%
1994$40.023.16%
1995$40.972.37%
1996$42.333.33%
1997$43.312.30%
1998$44.121.87%
1999$45.513.16%
2000$47.404.16%
2001$49.193.76%
2002$50.051.76%
2003$50.921.73%
2004$52.372.85%
2005$53.812.77%
2006$54.681.61%
2007$56.092.57%
2008$58.233.83%
2009$57.94-0.51%
2010$59.011.85%
2011$61.133.59%
2012$62.552.33%
2013$63.771.94%
2014$64.661.40%
2015$64.26-0.62%
2016$65.251.55%
2017$66.672.18%
2018$68.272.40%
2019$69.702.10%
2020$70.511.16%
2021$73.924.84%
2022$79.437.45%
2023$81.582.71%
2024$83.572.44%
2025$83.570.00% **
2026$83.570.00% **

* 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 * $34 = $83.57

Therefore, according to U.S. Bureau of Labor Statistics, $34 in 1989 has the same "purchasing power" as $83.57 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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