Minneapolis/St. Paul, Minnesota prices:$42,000 in 1996$82,908.39 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1996-2026 ($42,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 97.40% higher in 2026 versus 1996 (a $40,908.39 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, $42,000 in Minneapolis/St. Paul in the year 1996 would cost $82,908.39 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
Parking fees and tolls · Financial services · Wine at home · Fresh fruits · More

Buying power of $42,000.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $42,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$42,000.003.33%
1997$42,967.742.30%
1998$43,769.591.87%
1999$45,152.073.16%
2000$47,032.264.16%
2001$48,801.843.76%
2002$49,658.991.76%
2003$50,516.131.73%
2004$51,953.922.85%
2005$53,391.712.77%
2006$54,248.851.61%
2007$55,644.332.57%
2008$57,776.413.83%
2009$57,480.83-0.51%
2010$58,542.301.85%
2011$60,646.733.59%
2012$62,062.402.33%
2013$63,265.711.94%
2014$64,151.061.40%
2015$63,751.24-0.62%
2016$64,740.551.55%
2017$66,149.032.18%
2018$67,733.362.40%
2019$69,153.732.10%
2020$69,953.091.16%
2021$73,339.354.84%
2022$78,804.067.45%
2023$80,936.412.71%
2024$82,908.392.44%
2025$82,908.390.00% **
2026$82,908.390.00% **

* 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* $42,000 = $82,908.39

Therefore, according to U.S. Bureau of Labor Statistics, $42,000 in 1996 has the same "purchasing power" as $82,908.39 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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