Minneapolis/St. Paul, Minnesota prices: $76,000 in 1999 $139,551.45 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1999-2024 ($76,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 83.62% higher in 2024 versus 1999 (a $63,551.45 difference in value).

Between 1999 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.46% per year. This rate of change indicates significant inflation. In other words, $76,000 in Minneapolis/St. Paul in the year 1999 would cost $139,551.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% 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 1999-2024 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
Electricity · Televisions · Hospital services · Rent of primary residence · More

Buying power of $76,000.00 since 1999

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $76,000 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$76,000.003.16%
2000$79,164.734.16%
2001$82,143.293.76%
2002$83,586.041.76%
2003$85,028.781.73%
2004$87,448.872.85%
2005$89,868.952.77%
2006$91,311.701.61%
2007$93,660.582.57%
2008$97,249.283.83%
2009$96,751.77-0.51%
2010$98,538.441.85%
2011$102,080.613.59%
2012$104,463.472.33%
2013$106,488.891.94%
2014$107,979.111.40%
2015$107,306.14-0.62%
2016$108,971.341.55%
2017$111,342.092.18%
2018$114,008.842.40%
2019$116,399.612.10%
2020$117,745.081.16%
2021$123,444.854.84%
2022$132,643.047.45%
2023$136,232.212.71%
2024$139,551.452.44%*

* 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:

Year19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1999 * 1999 USD value = 2024 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 2024:

299.852 / 163.300 * $76,000 = $139,551.45

Therefore, according to U.S. Bureau of Labor Statistics, $76,000 in 1999 has the same "purchasing power" as $139,551.45 in 2024 (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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