Minneapolis/St. Paul, Minnesota prices: $100 in 2004 $141.16 in 2021

Inflation in Minnesota


Prices in Minneapolis/st. Paul, 2004-2021 ($100)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 41.16% higher in 2021 versus 2004 (a $41.16 difference in value).

Between 2004 and 2021: Minneapolis/St. Paul experienced an average inflation rate of 2.05% per year. This rate of change indicates significant inflation. In other words, $100 in Minneapolis/St. Paul in the year 2004 would cost $141.16 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.15% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2004: Pricing changed by 2.85%, which is above the average yearly change in Minneapolis/St. Paul during the 2004-2021 time period. Compared to inflation for all items in 2004 (2.68%), 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: 1988 (5.02%), 2021 (4.84%), and 2000 (4.16%).

View price changes for other categories
Women's apparel · Public transportation · College tuition and fees · Parking fees and tolls · More

Buying power of $100.00 since 2004

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $100 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2021 / CPI in 2004 * 2004 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 187.900 in the year 2004 and 265.244 in 2021:

265.244 / 187.900 * $100 = $141.16

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2004 has the same "purchasing power" as $141.16 in 2021 (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.

» Read more about inflation and investment.