Minneapolis/St. Paul, Minnesota prices: $22,974.90 in 1995 $46,864.42 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2026 ($22,974.90)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 103.98% higher in 2026 versus 1995 (a $23,889.52 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, $22,974.90 in Minneapolis/St. Paul in the year 1995 would cost $46,864.42 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 $22,974.90 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $22,974.90 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$22,974.902.37%
1996$23,740.733.33%
1997$24,287.752.30%
1998$24,741.001.87%
1999$25,522.463.16%
2000$26,585.244.16%
2001$27,585.513.76%
2002$28,070.011.76%
2003$28,554.521.73%
2004$29,367.242.85%
2005$30,179.952.77%
2006$30,664.461.61%
2007$31,453.262.57%
2008$32,658.433.83%
2009$32,491.35-0.51%
2010$33,091.361.85%
2011$34,280.903.59%
2012$35,081.112.33%
2013$35,761.291.94%
2014$36,261.741.40%
2015$36,035.74-0.62%
2016$36,594.951.55%
2017$37,391.102.18%
2018$38,286.652.40%
2019$39,089.532.10%
2020$39,541.371.16%
2021$41,455.474.84%
2022$44,544.427.45%
2023$45,749.752.71%
2024$46,864.422.44%
2025$46,864.420.00% **
2026$46,864.420.00% **

* 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 * $22,974.90 = $46,864.42

Therefore, according to U.S. Bureau of Labor Statistics, $22,974.90 in 1995 has the same "purchasing power" as $46,864.42 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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