Minneapolis/St. Paul, Minnesota prices: $1,524,000 in 1995 $3,108,669.71 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2026 ($1,524,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 103.98% higher in 2026 versus 1995 (a $1,584,669.71 difference in value).

Between 1995 and 2026: Minneapolis/St. Paul experienced an average inflation rate of 2.33% per year. This rate of change indicates significant inflation. In other words, $1,524,000 in Minneapolis/St. Paul in the year 1995 would cost $3,108,669.71 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1995: Pricing changed by 2.37%, which is above the average yearly change in Minneapolis/St. Paul during the 1995-2026 time period. Compared to inflation for all items in 1995 (2.81%), 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 $1,524,000.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,524,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$1,524,000.002.37%
1996$1,574,800.003.33%
1997$1,611,085.712.30%
1998$1,641,151.021.87%
1999$1,692,987.763.16%
2000$1,763,485.714.16%
2001$1,829,836.733.76%
2002$1,861,975.511.76%
2003$1,894,114.291.73%
2004$1,948,024.492.85%
2005$2,001,934.692.77%
2006$2,034,073.471.61%
2007$2,086,397.472.57%
2008$2,166,340.083.83%
2009$2,155,257.39-0.51%
2010$2,195,057.631.85%
2011$2,273,963.513.59%
2012$2,327,044.332.33%
2013$2,372,163.021.94%
2014$2,405,359.271.40%
2015$2,390,368.08-0.62%
2016$2,427,462.451.55%
2017$2,480,273.712.18%
2018$2,539,678.612.40%
2019$2,592,935.672.10%
2020$2,622,907.671.16%
2021$2,749,876.574.84%
2022$2,954,776.827.45%
2023$3,034,729.802.71%
2024$3,108,669.712.44%
2025$3,108,669.710.00% **
2026$3,108,669.710.00% **

* 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 1995 * 1995 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 147.000 in the year 1995 and 299.852 in 2026:

299.852 / 147.000 * $1,524,000 = $3,108,669.71

Therefore, according to U.S. Bureau of Labor Statistics, $1,524,000 in 1995 has the same "purchasing power" as $3,108,669.71 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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