Minneapolis/St. Paul, Minnesota prices:$290 in 1997$559.57 in 2026

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1997-2026 ($290)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 92.95% higher in 2026 versus 1997 (a $269.57 difference in value).

Between 1997 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, $290 in Minneapolis/St. Paul in the year 1997 would cost $559.57 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 1997: Pricing changed by 2.30%, which is above the average yearly change in Minneapolis/St. Paul during the 1997-2026 time period. Compared to inflation for all items in 1997 (2.34%), 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
Dental services · Televisions · Alcoholic beverages · Educational books and supplies · More

Buying power of $290.00 since 1997

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $290 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$290.002.30%
1998$295.411.87%
1999$304.743.16%
2000$317.434.16%
2001$329.383.76%
2002$335.161.76%
2003$340.951.73%
2004$350.652.85%
2005$360.352.77%
2006$366.141.61%
2007$375.562.57%
2008$389.953.83%
2009$387.95-0.51%
2010$395.121.85%
2011$409.323.59%
2012$418.872.33%
2013$427.001.94%
2014$432.971.40%
2015$430.27-0.62%
2016$436.951.55%
2017$446.462.18%
2018$457.152.40%
2019$466.742.10%
2020$472.131.16%
2021$494.994.84%
2022$531.877.45%
2023$546.262.71%
2024$559.572.44%
2025$559.570.00% **
2026$559.570.00% **

* 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 1997* 1997 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 155.400 in the year 1997 and 299.852 in 2026:

299.852 / 155.400* $290 = $559.57

Therefore, according to U.S. Bureau of Labor Statistics, $290 in 1997 has the same "purchasing power" as $559.57 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.