Minneapolis/St. Paul, Minnesota prices:$550 in 1991$1,264.71 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1991-2026 ($550)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 129.95% higher in 2026 versus 1991 (a $714.71 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, $550 in Minneapolis/St. Paul in the year 1991 would cost $1,264.71 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 $550.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $550 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$550.002.68%
1992$569.403.53%
1993$587.123.11%
1994$605.673.16%
1995$620.022.37%
1996$640.683.33%
1997$655.442.30%
1998$667.681.87%
1999$688.773.16%
2000$717.454.16%
2001$744.443.76%
2002$757.521.76%
2003$770.591.73%
2004$792.522.85%
2005$814.462.77%
2006$827.531.61%
2007$848.822.57%
2008$881.343.83%
2009$876.83-0.51%
2010$893.021.85%
2011$925.133.59%
2012$946.722.33%
2013$965.081.94%
2014$978.581.40%
2015$972.48-0.62%
2016$987.571.55%
2017$1,009.062.18%
2018$1,033.232.40%
2019$1,054.892.10%
2020$1,067.091.16%
2021$1,118.744.84%
2022$1,202.107.45%
2023$1,234.632.71%
2024$1,264.712.44%
2025$1,264.710.00% **
2026$1,264.710.00% **

* 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* $550 = $1,264.71

Therefore, according to U.S. Bureau of Labor Statistics, $550 in 1991 has the same "purchasing power" as $1,264.71 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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