Minneapolis/St. Paul, Minnesota prices:$27,000 in 1996$53,298.25 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1996-2026 ($27,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 97.40% higher in 2026 versus 1996 (a $26,298.25 difference in value).

Between 1996 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.29% per year. This rate of change indicates significant inflation. In other words, $27,000 in Minneapolis/St. Paul in the year 1996 would cost $53,298.25 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.45% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1996: Pricing changed by 3.33%, which is above the average yearly change in Minneapolis/St. Paul during the 1996-2026 time period. Compared to inflation for all items in 1996 (2.93%), 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
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Buying power of $27,000.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $27,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$27,000.003.33%
1997$27,622.122.30%
1998$28,137.591.87%
1999$29,026.333.16%
2000$30,235.024.16%
2001$31,372.613.76%
2002$31,923.631.76%
2003$32,474.651.73%
2004$33,398.952.85%
2005$34,323.242.77%
2006$34,874.261.61%
2007$35,771.362.57%
2008$37,141.973.83%
2009$36,951.96-0.51%
2010$37,634.341.85%
2011$38,987.183.59%
2012$39,897.252.33%
2013$40,670.821.94%
2014$41,239.971.40%
2015$40,982.94-0.62%
2016$41,618.931.55%
2017$42,524.382.18%
2018$43,542.882.40%
2019$44,455.972.10%
2020$44,969.841.16%
2021$47,146.734.84%
2022$50,659.757.45%
2023$52,030.552.71%
2024$53,298.252.44%
2025$53,298.250.00% **
2026$53,298.250.00% **

* 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 1996* 1996 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 151.900 in the year 1996 and 299.852 in 2026:

299.852 / 151.900* $27,000 = $53,298.25

Therefore, according to U.S. Bureau of Labor Statistics, $27,000 in 1996 has the same "purchasing power" as $53,298.25 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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