Minneapolis/St. Paul, Minnesota prices: $16,900 in 1995 $34,472.78 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2026 ($16,900)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 103.98% higher in 2026 versus 1995 (a $17,572.78 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, $16,900 in Minneapolis/St. Paul in the year 1995 would cost $34,472.78 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 $16,900.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $16,900 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$16,900.002.37%
1996$17,463.333.33%
1997$17,865.712.30%
1998$18,199.121.87%
1999$18,773.953.16%
2000$19,555.714.16%
2001$20,291.503.76%
2002$20,647.891.76%
2003$21,004.291.73%
2004$21,602.112.85%
2005$22,199.932.77%
2006$22,556.331.61%
2007$23,136.562.57%
2008$24,023.063.83%
2009$23,900.16-0.51%
2010$24,341.521.85%
2011$25,216.523.59%
2012$25,805.152.33%
2013$26,305.481.94%
2014$26,673.601.40%
2015$26,507.36-0.62%
2016$26,918.711.55%
2017$27,504.352.18%
2018$28,163.102.40%
2019$28,753.682.10%
2020$29,086.051.16%
2021$30,494.044.84%
2022$32,766.237.45%
2023$33,652.842.71%
2024$34,472.782.44%
2025$34,472.780.00% **
2026$34,472.780.00% **

* 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 * $16,900 = $34,472.78

Therefore, according to U.S. Bureau of Labor Statistics, $16,900 in 1995 has the same "purchasing power" as $34,472.78 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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