Minneapolis/St. Paul, Minnesota prices: $990 in 1992 → $2,198.91 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1992-2026 ($990)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 122.11% higher in 2026 versus 1992 (a $1,208.91 difference in value).

Between 1992 and 2026: Minneapolis/St. Paul experienced an average inflation rate of 2.37% per year. This rate of change indicates significant inflation. In other words, $990 in Minneapolis/St. Paul in the year 1992 would cost $2,198.91 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1992: Pricing changed by 3.53%, which is above the average yearly change in Minneapolis/St. Paul during the 1992-2026 time period. Compared to inflation for all items in 1992 (3.03%), inflation in Minneapolis/St. Paul was higher.

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
Rent of primary residence · Food · College tuition and fees · Parking fees and tolls · More

Buying power of $990.00 since 1992

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $990 beginning in 1992. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1992$990.003.53%
1993$1,020.803.11%
1994$1,053.073.16%
1995$1,078.002.37%
1996$1,113.933.33%
1997$1,139.602.30%
1998$1,160.871.87%
1999$1,197.533.16%
2000$1,247.404.16%
2001$1,294.333.76%
2002$1,317.071.76%
2003$1,339.801.73%
2004$1,377.932.85%
2005$1,416.072.77%
2006$1,438.801.61%
2007$1,475.812.57%
2008$1,532.363.83%
2009$1,524.52-0.51%
2010$1,552.671.85%
2011$1,608.493.59%
2012$1,646.032.33%
2013$1,677.951.94%
2014$1,701.431.40%
2015$1,690.82-0.62%
2016$1,717.061.55%
2017$1,754.422.18%
2018$1,796.442.40%
2019$1,834.112.10%
2020$1,855.311.16%
2021$1,945.124.84%
2022$2,090.067.45%
2023$2,146.612.71%
2024$2,198.912.44%
2025$2,198.910.00% **
2026$2,198.910.00% **

* 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 1992 * 1992 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 135.000 in the year 1992 and 299.852 in 2026:

299.852 / 135.000 * $990 = $2,198.91

Therefore, according to U.S. Bureau of Labor Statistics, $990 in 1992 has the same "purchasing power" as $2,198.91 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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