Minneapolis/St. Paul, Minnesota prices: $8,500 in 1991 $19,545.57 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1991-2026 ($8,500)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 129.95% higher in 2026 versus 1991 (a $11,045.57 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, $8,500 in Minneapolis/St. Paul in the year 1991 would cost $19,545.57 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
Wireless telephone services · Medical care · Dental services · Televisions · More

Buying power of $8,500.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $8,500 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$8,500.002.68%
1992$8,799.853.53%
1993$9,073.623.11%
1994$9,360.433.16%
1995$9,582.062.37%
1996$9,901.463.33%
1997$10,129.602.30%
1998$10,318.631.87%
1999$10,644.563.16%
2000$11,087.814.16%
2001$11,504.983.76%
2002$11,707.061.76%
2003$11,909.131.73%
2004$12,248.082.85%
2005$12,587.042.77%
2006$12,789.111.61%
2007$13,118.092.57%
2008$13,620.733.83%
2009$13,551.05-0.51%
2010$13,801.291.85%
2011$14,297.403.59%
2012$14,631.152.33%
2013$14,914.831.94%
2014$15,123.551.40%
2015$15,029.29-0.62%
2016$15,262.521.55%
2017$15,594.572.18%
2018$15,968.072.40%
2019$16,302.922.10%
2020$16,491.371.16%
2021$17,289.684.84%
2022$18,577.987.45%
2023$19,080.672.71%
2024$19,545.572.44%
2025$19,545.570.00% **
2026$19,545.570.00% **

* 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 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 * $8,500 = $19,545.57

Therefore, according to U.S. Bureau of Labor Statistics, $8,500 in 1991 has the same "purchasing power" as $19,545.57 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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