Minneapolis/St. Paul, Minnesota prices:$9,300 in 1997$17,944.81 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1997-2026 ($9,300)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 92.95% higher in 2026 versus 1997 (a $8,644.81 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, $9,300 in Minneapolis/St. Paul in the year 1997 would cost $17,944.81 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%).

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Buying power of $9,300.00 since 1997

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $9,300 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$9,300.002.30%
1998$9,473.551.87%
1999$9,772.783.16%
2000$10,179.734.16%
2001$10,562.743.76%
2002$10,748.261.76%
2003$10,933.781.73%
2004$11,244.982.85%
2005$11,556.182.77%
2006$11,741.701.61%
2007$12,043.742.57%
2008$12,505.213.83%
2009$12,441.23-0.51%
2010$12,670.981.85%
2011$13,126.473.59%
2012$13,432.872.33%
2013$13,693.321.94%
2014$13,884.951.40%
2015$13,798.41-0.62%
2016$14,012.541.55%
2017$14,317.392.18%
2018$14,660.312.40%
2019$14,967.732.10%
2020$15,140.751.16%
2021$15,873.684.84%
2022$17,056.467.45%
2023$17,517.992.71%
2024$17,944.812.44%
2025$17,944.810.00% **
2026$17,944.810.00% **

* 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* $9,300 = $17,944.81

Therefore, according to U.S. Bureau of Labor Statistics, $9,300 in 1997 has the same "purchasing power" as $17,944.81 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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