Minneapolis/St. Paul, Minnesota prices:$4,800,000 in 1991$11,037,496.93 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1991-2026 ($4,800,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 129.95% higher in 2026 versus 1991 (a $6,237,496.93 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, $4,800,000 in Minneapolis/St. Paul in the year 1991 would cost $11,037,496.93 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 $4,800,000.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $4,800,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$4,800,000.002.68%
1992$4,969,325.153.53%
1993$5,123,926.383.11%
1994$5,285,889.573.16%
1995$5,411,042.942.37%
1996$5,591,411.043.33%
1997$5,720,245.402.30%
1998$5,826,993.871.87%
1999$6,011,042.943.16%
2000$6,261,349.694.16%
2001$6,496,932.523.76%
2002$6,611,042.941.76%
2003$6,725,153.371.73%
2004$6,916,564.422.85%
2005$7,107,975.462.77%
2006$7,222,085.891.61%
2007$7,407,865.032.57%
2008$7,691,705.523.83%
2009$7,652,355.83-0.51%
2010$7,793,668.711.85%
2011$8,073,828.223.59%
2012$8,262,294.482.33%
2013$8,422,490.801.94%
2014$8,540,355.831.40%
2015$8,487,128.83-0.62%
2016$8,618,834.361.55%
2017$8,806,343.562.18%
2018$9,017,263.802.40%
2019$9,206,355.832.10%
2020$9,312,773.011.16%
2021$9,763,582.824.84%
2022$10,491,092.027.45%
2023$10,774,969.332.71%
2024$11,037,496.932.44%
2025$11,037,496.930.00% **
2026$11,037,496.930.00% **

* 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* $4,800,000 = $11,037,496.93

Therefore, according to U.S. Bureau of Labor Statistics, $4,800,000 in 1991 has the same "purchasing power" as $11,037,496.93 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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