Minneapolis/St. Paul, Minnesota prices: $9,600 in 1989 $23,594.91 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1989-2026 ($9,600)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 145.78% higher in 2026 versus 1989 (a $13,994.91 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, $9,600 in Minneapolis/St. Paul in the year 1989 would cost $23,594.91 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 $9,600.00 since 1989

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $9,600 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$9,600.004.10%
1990$9,993.444.10%
1991$10,260.982.68%
1992$10,622.953.53%
1993$10,953.443.11%
1994$11,299.673.16%
1995$11,567.212.37%
1996$11,952.793.33%
1997$12,228.202.30%
1998$12,456.391.87%
1999$12,849.843.16%
2000$13,384.924.16%
2001$13,888.523.76%
2002$14,132.461.76%
2003$14,376.391.73%
2004$14,785.572.85%
2005$15,194.752.77%
2006$15,438.691.61%
2007$15,835.832.57%
2008$16,442.603.83%
2009$16,358.48-0.51%
2010$16,660.561.85%
2011$17,259.463.59%
2012$17,662.352.33%
2013$18,004.801.94%
2014$18,256.761.40%
2015$18,142.98-0.62%
2016$18,424.521.55%
2017$18,825.362.18%
2018$19,276.252.40%
2019$19,680.472.10%
2020$19,907.961.16%
2021$20,871.664.84%
2022$22,426.867.45%
2023$23,033.702.71%
2024$23,594.912.44%
2025$23,594.910.00% **
2026$23,594.910.00% **

* 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 * $9,600 = $23,594.91

Therefore, according to U.S. Bureau of Labor Statistics, $9,600 in 1989 has the same "purchasing power" as $23,594.91 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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