Minneapolis/St. Paul, Minnesota prices:$38,000 in 1999$69,775.73 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1999-2026 ($38,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 83.62% higher in 2026 versus 1999 (a $31,775.73 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, $38,000 in Minneapolis/St. Paul in the year 1999 would cost $69,775.73 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
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Buying power of $38,000.00 since 1999

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $38,000 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$38,000.003.16%
2000$39,582.364.16%
2001$41,071.653.76%
2002$41,793.021.76%
2003$42,514.391.73%
2004$43,724.432.85%
2005$44,934.482.77%
2006$45,655.851.61%
2007$46,830.292.57%
2008$48,624.643.83%
2009$48,375.88-0.51%
2010$49,269.221.85%
2011$51,040.313.59%
2012$52,231.732.33%
2013$53,244.451.94%
2014$53,989.551.40%
2015$53,653.07-0.62%
2016$54,485.671.55%
2017$55,671.052.18%
2018$57,004.422.40%
2019$58,199.802.10%
2020$58,872.541.16%
2021$61,722.424.84%
2022$66,321.527.45%
2023$68,116.112.71%
2024$69,775.732.44%
2025$69,775.730.00% **
2026$69,775.730.00% **

* 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* $38,000 = $69,775.73

Therefore, according to U.S. Bureau of Labor Statistics, $38,000 in 1999 has the same "purchasing power" as $69,775.73 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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