Minneapolis/St. Paul, Minnesota prices:$37 in 1996→$73.04 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1996-2026 ($37)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 97.40% higher in 2026 versus 1996 (a $36.04 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, $37 in Minneapolis/St. Paul in the year 1996 would cost $73.04 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 $37.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $37 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$37.003.33%
1997$37.852.30%
1998$38.561.87%
1999$39.783.16%
2000$41.434.16%
2001$42.993.76%
2002$43.751.76%
2003$44.501.73%
2004$45.772.85%
2005$47.042.77%
2006$47.791.61%
2007$49.022.57%
2008$50.903.83%
2009$50.64-0.51%
2010$51.571.85%
2011$53.433.59%
2012$54.672.33%
2013$55.731.94%
2014$56.511.40%
2015$56.16-0.62%
2016$57.031.55%
2017$58.272.18%
2018$59.672.40%
2019$60.922.10%
2020$61.631.16%
2021$64.614.84%
2022$69.427.45%
2023$71.302.71%
2024$73.042.44%
2025$73.040.00% **
2026$73.040.00% **

* 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* $37 = $73.04

Therefore, according to U.S. Bureau of Labor Statistics, $37 in 1996 has the same "purchasing power" as $73.04 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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