Minneapolis/St. Paul, Minnesota prices:$9 in 1996$17.77 in 2026

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1996-2026 ($9)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 97.40% higher in 2026 versus 1996 (a $8.77 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, $9 in Minneapolis/St. Paul in the year 1996 would cost $17.77 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
Financial services · New trucks · Women's apparel · Phoenix, Arizona · More

Buying power of $9.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $9 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$9.003.33%
1997$9.212.30%
1998$9.381.87%
1999$9.683.16%
2000$10.084.16%
2001$10.463.76%
2002$10.641.76%
2003$10.821.73%
2004$11.132.85%
2005$11.442.77%
2006$11.621.61%
2007$11.922.57%
2008$12.383.83%
2009$12.32-0.51%
2010$12.541.85%
2011$13.003.59%
2012$13.302.33%
2013$13.561.94%
2014$13.751.40%
2015$13.66-0.62%
2016$13.871.55%
2017$14.172.18%
2018$14.512.40%
2019$14.822.10%
2020$14.991.16%
2021$15.724.84%
2022$16.897.45%
2023$17.342.71%
2024$17.772.44%
2025$17.770.00% **
2026$17.770.00% **

* 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* $9 = $17.77

Therefore, according to U.S. Bureau of Labor Statistics, $9 in 1996 has the same "purchasing power" as $17.77 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.

» Read more about inflation and investment.