Minneapolis/St. Paul, Minnesota prices:$46,000 in 2002$76,799.51 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2002-2026 ($46,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 66.96% higher in 2026 versus 2002 (a $30,799.51 difference in value).

Between 2002 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.16% per year. This rate of change indicates significant inflation. In other words, $46,000 in Minneapolis/St. Paul in the year 2002 would cost $76,799.51 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2002: Pricing changed by 1.76%, which is below the average yearly change in Minneapolis/St. Paul during the 2002-2026 time period. Compared to inflation for all items in 2002 (1.59%), 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 $46,000.00 since 2002

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $46,000 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2002$46,000.001.76%
2003$46,793.991.73%
2004$48,125.842.85%
2005$49,457.682.77%
2006$50,251.671.61%
2007$51,544.332.57%
2008$53,519.313.83%
2009$53,245.51-0.51%
2010$54,228.781.85%
2011$56,178.143.59%
2012$57,489.502.33%
2013$58,604.151.94%
2014$59,424.271.40%
2015$59,053.91-0.62%
2016$59,970.321.55%
2017$61,275.022.18%
2018$62,742.622.40%
2019$64,058.332.10%
2020$64,798.791.16%
2021$67,935.554.84%
2022$72,997.597.45%
2023$74,972.832.71%
2024$76,799.512.44%
2025$76,799.510.00% **
2026$76,799.510.00% **

* 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 2002* 2002 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 179.600 in the year 2002 and 299.852 in 2026:

299.852 / 179.600* $46,000 = $76,799.51

Therefore, according to U.S. Bureau of Labor Statistics, $46,000 in 2002 has the same "purchasing power" as $76,799.51 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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