Minneapolis/St. Paul, Minnesota prices:$520 in 1993→$1,120.14 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1993-2026 ($520)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 115.41% higher in 2026 versus 1993 (a $600.14 difference in value).

Between 1993 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.35% per year. This rate of change indicates significant inflation. In other words, $520 in Minneapolis/St. Paul in the year 1993 would cost $1,120.14 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1993: Pricing changed by 3.11%, which is above the average yearly change in Minneapolis/St. Paul during the 1993-2026 time period. Compared to inflation for all items in 1993 (2.95%), 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%).
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Buying power of $520.00 since 1993

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $520 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1993$520.003.11%
1994$536.443.16%
1995$549.142.37%
1996$567.443.33%
1997$580.522.30%
1998$591.351.87%
1999$610.033.16%
2000$635.434.16%
2001$659.343.76%
2002$670.921.76%
2003$682.501.73%
2004$701.932.85%
2005$721.352.77%
2006$732.931.61%
2007$751.782.57%
2008$780.593.83%
2009$776.60-0.51%
2010$790.941.85%
2011$819.373.59%
2012$838.502.33%
2013$854.751.94%
2014$866.721.40%
2015$861.31-0.62%
2016$874.681.55%
2017$893.712.18%
2018$915.112.40%
2019$934.302.10%
2020$945.101.16%
2021$990.854.84%
2022$1,064.697.45%
2023$1,093.492.71%
2024$1,120.142.44%
2025$1,120.140.00% **
2026$1,120.140.00% **

* 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 1993* 1993 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 139.200 in the year 1993 and 299.852 in 2026:

299.852 / 139.200* $520 = $1,120.14

Therefore, according to U.S. Bureau of Labor Statistics, $520 in 1993 has the same "purchasing power" as $1,120.14 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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