Minneapolis/St. Paul, Minnesota prices:$16,820 in 1990$39,712.68 in 2026

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1990-2026 ($16,820)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2026 versus 1990 (a $22,892.68 difference in value).

Between 1990 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.42% per year. This rate of change indicates significant inflation. In other words, $16,820 in Minneapolis/St. Paul in the year 1990 would cost $39,712.68 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1990: Pricing changed by 4.10%, which is above the average yearly change in Minneapolis/St. Paul during the 1990-2026 time period. Compared to inflation for all items in 1990 (5.40%), 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
Frankfurters · Jewelry · Women's apparel · Philadelphia, Pennsylvania · More

Buying power of $16,820.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $16,820 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$16,820.004.10%
1991$17,270.302.68%
1992$17,879.533.53%
1993$18,435.783.11%
1994$19,018.523.16%
1995$19,468.822.37%
1996$20,117.783.33%
1997$20,581.322.30%
1998$20,965.401.87%
1999$21,627.613.16%
2000$22,528.204.16%
2001$23,375.833.76%
2002$23,786.391.76%
2003$24,196.961.73%
2004$24,885.652.85%
2005$25,574.352.77%
2006$25,984.911.61%
2007$26,653.342.57%
2008$27,674.593.83%
2009$27,533.02-0.51%
2010$28,041.461.85%
2011$29,049.463.59%
2012$29,727.562.33%
2013$30,303.951.94%
2014$30,728.021.40%
2015$30,536.51-0.62%
2016$31,010.391.55%
2017$31,685.042.18%
2018$32,443.932.40%
2019$33,124.272.10%
2020$33,507.161.16%
2021$35,129.174.84%
2022$37,746.737.45%
2023$38,768.112.71%
2024$39,712.682.44%
2025$39,712.680.00% **
2026$39,712.680.00% **

* 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 1990* 1990 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 127.000 in the year 1990 and 299.852 in 2026:

299.852 / 127.000* $16,820 = $39,712.68

Therefore, according to U.S. Bureau of Labor Statistics, $16,820 in 1990 has the same "purchasing power" as $39,712.68 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.