Minneapolis/St. Paul, Minnesota prices: $294,000 in 1990 $694,145.57 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2026 ($294,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2026 versus 1990 (a $400,145.57 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, $294,000 in Minneapolis/St. Paul in the year 1990 would cost $694,145.57 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
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Buying power of $294,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $294,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$294,000.004.10%
1991$301,870.872.68%
1992$312,519.693.53%
1993$322,242.523.11%
1994$332,428.353.16%
1995$340,299.212.37%
1996$351,642.523.33%
1997$359,744.882.30%
1998$366,458.271.87%
1999$378,033.073.16%
2000$393,774.804.16%
2001$408,590.553.76%
2002$415,766.931.76%
2003$422,943.311.73%
2004$434,981.102.85%
2005$447,018.902.77%
2006$454,195.281.61%
2007$465,878.882.57%
2008$483,729.543.83%
2009$481,254.85-0.51%
2010$490,141.981.85%
2011$507,761.153.59%
2012$519,613.752.33%
2013$529,688.461.94%
2014$537,100.961.40%
2015$533,753.53-0.62%
2016$542,036.461.55%
2017$553,828.872.18%
2018$567,093.592.40%
2019$578,985.542.10%
2020$585,678.091.16%
2021$614,029.424.84%
2022$659,782.307.45%
2023$677,635.282.71%
2024$694,145.572.44%
2025$694,145.570.00% **
2026$694,145.570.00% **

* 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 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 * $294,000 = $694,145.57

Therefore, according to U.S. Bureau of Labor Statistics, $294,000 in 1990 has the same "purchasing power" as $694,145.57 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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