Minneapolis/St. Paul, Minnesota prices: $8,970 in 2000 $15,812.30 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2000-2026 ($8,970)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 76.28% higher in 2026 versus 2000 (a $6,842.30 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, $8,970 in Minneapolis/St. Paul in the year 2000 would cost $15,812.30 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%).

View price changes for other categories
New trucks · Dental services · New cars · Jewelry · More

Buying power of $8,970.00 since 2000

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $8,970 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$8,970.004.16%
2001$9,307.503.76%
2002$9,470.971.76%
2003$9,634.441.73%
2004$9,908.662.85%
2005$10,182.872.77%
2006$10,346.351.61%
2007$10,612.502.57%
2008$11,019.133.83%
2009$10,962.75-0.51%
2010$11,165.201.85%
2011$11,566.553.59%
2012$11,836.552.33%
2013$12,066.051.94%
2014$12,234.901.40%
2015$12,158.65-0.62%
2016$12,347.331.55%
2017$12,615.952.18%
2018$12,918.122.40%
2019$13,189.012.10%
2020$13,341.461.16%
2021$13,987.294.84%
2022$15,029.527.45%
2023$15,436.202.71%
2024$15,812.302.44%
2025$15,812.300.00% **
2026$15,812.300.00% **

* 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 * $8,970 = $15,812.30

Therefore, according to U.S. Bureau of Labor Statistics, $8,970 in 2000 has the same "purchasing power" as $15,812.30 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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