Minneapolis/St. Paul, Minnesota prices:$8,800 in 1999$16,158.59 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1999-2026 ($8,800)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 83.62% higher in 2026 versus 1999 (a $7,358.59 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, $8,800 in Minneapolis/St. Paul in the year 1999 would cost $16,158.59 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 $8,800.00 since 1999

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $8,800 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$8,800.003.16%
2000$9,166.444.16%
2001$9,511.333.76%
2002$9,678.381.76%
2003$9,845.441.73%
2004$10,125.662.85%
2005$10,405.882.77%
2006$10,572.931.61%
2007$10,844.912.57%
2008$11,260.443.83%
2009$11,202.84-0.51%
2010$11,409.711.85%
2011$11,819.863.59%
2012$12,095.772.33%
2013$12,330.291.94%
2014$12,502.841.40%
2015$12,424.92-0.62%
2016$12,617.731.55%
2017$12,892.242.18%
2018$13,201.022.40%
2019$13,477.852.10%
2020$13,633.641.16%
2021$14,293.614.84%
2022$15,358.677.45%
2023$15,774.262.71%
2024$16,158.592.44%
2025$16,158.590.00% **
2026$16,158.590.00% **

* 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* $8,800 = $16,158.59

Therefore, according to U.S. Bureau of Labor Statistics, $8,800 in 1999 has the same "purchasing power" as $16,158.59 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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