Minneapolis/St. Paul, Minnesota prices:$9,400 in 1993$20,248.63 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1993-2026 ($9,400)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 115.41% higher in 2026 versus 1993 (a $10,848.63 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, $9,400 in Minneapolis/St. Paul in the year 1993 would cost $20,248.63 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%).

View price changes for other categories
New trucks · Fresh fruits · Chicago, Illinois · Televisions · More

Buying power of $9,400.00 since 1993

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $9,400 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1993$9,400.003.11%
1994$9,697.133.16%
1995$9,926.722.37%
1996$10,257.613.33%
1997$10,493.972.30%
1998$10,689.801.87%
1999$11,027.443.16%
2000$11,486.644.16%
2001$11,918.823.76%
2002$12,128.161.76%
2003$12,337.501.73%
2004$12,688.652.85%
2005$13,039.802.77%
2006$13,249.141.61%
2007$13,589.962.57%
2008$14,110.673.83%
2009$14,038.48-0.51%
2010$14,297.721.85%
2011$14,811.693.59%
2012$15,157.432.33%
2013$15,451.321.94%
2014$15,667.541.40%
2015$15,569.90-0.62%
2016$15,811.521.55%
2017$16,155.512.18%
2018$16,542.452.40%
2019$16,889.342.10%
2020$17,084.571.16%
2021$17,911.594.84%
2022$19,246.237.45%
2023$19,767.012.71%
2024$20,248.632.44%
2025$20,248.630.00% **
2026$20,248.630.00% **

* 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* $9,400 = $20,248.63

Therefore, according to U.S. Bureau of Labor Statistics, $9,400 in 1993 has the same "purchasing power" as $20,248.63 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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