Minneapolis/St. Paul, Minnesota prices: $20,906 in 2000 $36,853.06 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2000-2026 ($20,906)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 76.28% higher in 2026 versus 2000 (a $15,947.06 difference in value).

Between 2000 and 2026: Minneapolis/St. Paul experienced an average inflation rate of 2.20% per year. This rate of change indicates significant inflation. In other words, $20,906 in Minneapolis/St. Paul in the year 2000 would cost $36,853.06 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2000: Pricing changed by 4.16%, which is above the average yearly change in Minneapolis/St. Paul during the 2000-2026 time period. Compared to inflation for all items in 2000 (3.38%), 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%).

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Buying power of $20,906.00 since 2000

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $20,906 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$20,906.004.16%
2001$21,692.593.76%
2002$22,073.591.76%
2003$22,454.591.73%
2004$23,093.692.85%
2005$23,732.802.77%
2006$24,113.801.61%
2007$24,734.102.57%
2008$25,681.813.83%
2009$25,550.43-0.51%
2010$26,022.251.85%
2011$26,957.683.59%
2012$27,586.952.33%
2013$28,121.831.94%
2014$28,515.371.40%
2015$28,337.65-0.62%
2016$28,777.401.55%
2017$29,403.472.18%
2018$30,107.712.40%
2019$30,739.072.10%
2020$31,094.391.16%
2021$32,599.594.84%
2022$35,028.677.45%
2023$35,976.512.71%
2024$36,853.062.44%
2025$36,853.060.00% **
2026$36,853.060.00% **

* 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 2000 * 2000 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 170.100 in the year 2000 and 299.852 in 2026:

299.852 / 170.100 * $20,906 = $36,853.06

Therefore, according to U.S. Bureau of Labor Statistics, $20,906 in 2000 has the same "purchasing power" as $36,853.06 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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