Minneapolis/St. Paul, Minnesota prices: $59,000 in 1989 $145,010.39 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1989-2026 ($59,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 145.78% higher in 2026 versus 1989 (a $86,010.39 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, $59,000 in Minneapolis/St. Paul in the year 1989 would cost $145,010.39 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 $59,000.00 since 1989

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $59,000 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$59,000.004.10%
1990$61,418.034.10%
1991$63,062.302.68%
1992$65,286.893.53%
1993$67,318.033.11%
1994$69,445.903.16%
1995$71,090.162.37%
1996$73,459.843.33%
1997$75,152.462.30%
1998$76,554.921.87%
1999$78,972.953.16%
2000$82,261.484.16%
2001$85,356.563.76%
2002$86,855.741.76%
2003$88,354.921.73%
2004$90,869.672.85%
2005$93,384.432.77%
2006$94,883.611.61%
2007$97,324.372.57%
2008$101,053.463.83%
2009$100,536.48-0.51%
2010$102,393.051.85%
2011$106,073.783.59%
2012$108,549.842.33%
2013$110,654.501.94%
2014$112,203.011.40%
2015$111,503.71-0.62%
2016$113,234.061.55%
2017$115,697.552.18%
2018$118,468.612.40%
2019$120,952.902.10%
2020$122,351.011.16%
2021$128,273.744.84%
2022$137,831.747.45%
2023$141,561.312.71%
2024$145,010.392.44%
2025$145,010.390.00% **
2026$145,010.390.00% **

* 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 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 * $59,000 = $145,010.39

Therefore, according to U.S. Bureau of Labor Statistics, $59,000 in 1989 has the same "purchasing power" as $145,010.39 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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