Minneapolis/St. Paul, Minnesota prices:$5,500 in 2001$9,343.83 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2001-2026 ($5,500)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 69.89% higher in 2026 versus 2001 (a $3,843.83 difference in value).

Between 2001 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.14% per year. This rate of change indicates significant inflation. In other words, $5,500 in Minneapolis/St. Paul in the year 2001 would cost $9,343.83 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.45% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2001: Pricing changed by 3.76%, which is above the average yearly change in Minneapolis/St. Paul during the 2001-2026 time period. Compared to inflation for all items in 2001 (2.83%), 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 $5,500.00 since 2001

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $5,500 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2001$5,500.003.76%
2002$5,596.601.76%
2003$5,693.201.73%
2004$5,855.242.85%
2005$6,017.282.77%
2006$6,113.881.61%
2007$6,271.152.57%
2008$6,511.443.83%
2009$6,478.13-0.51%
2010$6,597.761.85%
2011$6,834.933.59%
2012$6,994.472.33%
2013$7,130.091.94%
2014$7,229.871.40%
2015$7,184.81-0.62%
2016$7,296.301.55%
2017$7,455.042.18%
2018$7,633.592.40%
2019$7,793.672.10%
2020$7,883.761.16%
2021$8,265.394.84%
2022$8,881.277.45%
2023$9,121.592.71%
2024$9,343.832.44%
2025$9,343.830.00% **
2026$9,343.830.00% **

* 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 2001* 2001 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 176.500 in the year 2001 and 299.852 in 2026:

299.852 / 176.500* $5,500 = $9,343.83

Therefore, according to U.S. Bureau of Labor Statistics, $5,500 in 2001 has the same "purchasing power" as $9,343.83 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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