Minneapolis/St. Paul, Minnesota prices: $41,000 in 1991 $94,278.62 in 2026

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1991-2026 ($41,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 129.95% higher in 2026 versus 1991 (a $53,278.62 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, $41,000 in Minneapolis/St. Paul in the year 1991 would cost $94,278.62 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
Milk · Jewelry · Phoenix, Arizona · Seattle, Washington · More

Buying power of $41,000.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $41,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$41,000.002.68%
1992$42,446.323.53%
1993$43,766.873.11%
1994$45,150.313.16%
1995$46,219.332.37%
1996$47,759.973.33%
1997$48,860.432.30%
1998$49,772.241.87%
1999$51,344.333.16%
2000$53,482.364.16%
2001$55,494.633.76%
2002$56,469.331.76%
2003$57,444.021.73%
2004$59,078.992.85%
2005$60,713.962.77%
2006$61,688.651.61%
2007$63,275.512.57%
2008$65,699.983.83%
2009$65,363.87-0.51%
2010$66,570.921.85%
2011$68,963.953.59%
2012$70,573.772.33%
2013$71,942.111.94%
2014$72,948.871.40%
2015$72,494.23-0.62%
2016$73,619.211.55%
2017$75,220.852.18%
2018$77,022.462.40%
2019$78,637.622.10%
2020$79,546.601.16%
2021$83,397.274.84%
2022$89,611.417.45%
2023$92,036.202.71%
2024$94,278.622.44%
2025$94,278.620.00% **
2026$94,278.620.00% **

* 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 * $41,000 = $94,278.62

Therefore, according to U.S. Bureau of Labor Statistics, $41,000 in 1991 has the same "purchasing power" as $94,278.62 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.