Minneapolis/St. Paul, Minnesota prices: $34,000 in 1991 $78,182.27 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1991-2026 ($34,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 129.95% higher in 2026 versus 1991 (a $44,182.27 difference in value).

Between 1991 and 2026: Minneapolis/St. Paul experienced an average inflation rate of 2.41% per year. This rate of change indicates significant inflation. In other words, $34,000 in Minneapolis/St. Paul in the year 1991 would cost $78,182.27 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1991: Pricing changed by 2.68%, which is above the average yearly change in Minneapolis/St. Paul during the 1991-2026 time period. Compared to inflation for all items in 1991 (4.23%), 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 $34,000.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $34,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$34,000.002.68%
1992$35,199.393.53%
1993$36,294.483.11%
1994$37,441.723.16%
1995$38,328.222.37%
1996$39,605.833.33%
1997$40,518.402.30%
1998$41,274.541.87%
1999$42,578.223.16%
2000$44,351.234.16%
2001$46,019.943.76%
2002$46,828.221.76%
2003$47,636.501.73%
2004$48,992.332.85%
2005$50,348.162.77%
2006$51,156.441.61%
2007$52,472.382.57%
2008$54,482.913.83%
2009$54,204.19-0.51%
2010$55,205.151.85%
2011$57,189.623.59%
2012$58,524.592.33%
2013$59,659.311.94%
2014$60,494.191.40%
2015$60,117.16-0.62%
2016$61,050.081.55%
2017$62,378.272.18%
2018$63,872.292.40%
2019$65,211.692.10%
2020$65,965.481.16%
2021$69,158.714.84%
2022$74,311.907.45%
2023$76,322.702.71%
2024$78,182.272.44%
2025$78,182.270.00% **
2026$78,182.270.00% **

* 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 1991 * 1991 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 130.400 in the year 1991 and 299.852 in 2026:

299.852 / 130.400 * $34,000 = $78,182.27

Therefore, according to U.S. Bureau of Labor Statistics, $34,000 in 1991 has the same "purchasing power" as $78,182.27 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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