Minneapolis/St. Paul, Minnesota prices:$97,000 in 1997$187,166.31 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1997-2026 ($97,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 92.95% higher in 2026 versus 1997 (a $90,166.31 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, $97,000 in Minneapolis/St. Paul in the year 1997 would cost $187,166.31 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
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Buying power of $97,000.00 since 1997

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $97,000 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$97,000.002.30%
1998$98,810.171.87%
1999$101,931.153.16%
2000$106,175.684.16%
2001$110,170.533.76%
2002$112,105.531.76%
2003$114,040.541.73%
2004$117,286.362.85%
2005$120,532.182.77%
2006$122,467.181.61%
2007$125,617.502.57%
2008$130,430.673.83%
2009$129,763.40-0.51%
2010$132,159.691.85%
2011$136,910.443.59%
2012$140,106.332.33%
2013$142,822.821.94%
2014$144,821.501.40%
2015$143,918.91-0.62%
2016$146,152.281.55%
2017$149,331.942.18%
2018$152,908.582.40%
2019$156,115.072.10%
2020$157,919.621.16%
2021$165,564.144.84%
2022$177,900.757.45%
2023$182,714.542.71%
2024$187,166.312.44%
2025$187,166.310.00% **
2026$187,166.310.00% **

* 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* $97,000 = $187,166.31

Therefore, according to U.S. Bureau of Labor Statistics, $97,000 in 1997 has the same "purchasing power" as $187,166.31 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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