Minneapolis/St. Paul, Minnesota prices:$29,000 in 1999$53,249.90 in 2026

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1999-2026 ($29,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 83.62% higher in 2026 versus 1999 (a $24,249.90 difference in value).

Between 1999 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.28% per year. This rate of change indicates significant inflation. In other words, $29,000 in Minneapolis/St. Paul in the year 1999 would cost $53,249.90 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1999: Pricing changed by 3.16%, which is above the average yearly change in Minneapolis/St. Paul during the 1999-2026 time period. Compared to inflation for all items in 1999 (2.19%), 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
Detroit, Michigan · Electricity · Televisions · Dallas-Fort Worth, Texas · More

Buying power of $29,000.00 since 1999

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $29,000 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$29,000.003.16%
2000$30,207.594.16%
2001$31,344.153.76%
2002$31,894.671.76%
2003$32,445.191.73%
2004$33,368.652.85%
2005$34,292.102.77%
2006$34,842.621.61%
2007$35,738.902.57%
2008$37,108.283.83%
2009$36,918.44-0.51%
2010$37,600.201.85%
2011$38,951.813.59%
2012$39,861.062.33%
2013$40,633.921.94%
2014$41,202.551.40%
2015$40,945.76-0.62%
2016$41,581.171.55%
2017$42,485.802.18%
2018$43,503.372.40%
2019$44,415.642.10%
2020$44,929.041.16%
2021$47,103.964.84%
2022$50,613.797.45%
2023$51,983.342.71%
2024$53,249.902.44%
2025$53,249.900.00% **
2026$53,249.900.00% **

* 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 1999* 1999 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 163.300 in the year 1999 and 299.852 in 2026:

299.852 / 163.300* $29,000 = $53,249.90

Therefore, according to U.S. Bureau of Labor Statistics, $29,000 in 1999 has the same "purchasing power" as $53,249.90 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.