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

Inflation in Minnesota

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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
2004$100.002.85%
2005$102.772.77%
2006$104.421.61%
2007$107.102.57%
2008$111.213.83%
2009$110.64-0.51%
2010$112.681.85%
2011$116.733.59%
2012$119.462.33%
2013$121.771.94%
2014$123.481.40%
2015$122.71-0.62%
2016$124.611.55%
2017$127.322.18%
2018$130.372.40%
2019$133.112.10%
2020$134.641.16%
2021$141.164.84%*

* 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:

Year19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244

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.

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