Minneapolis/St. Paul, Minnesota prices: $98,966 in 2010 $140,156.96 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2010-2024 ($98,966)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 41.62% higher in 2024 versus 2010 (a $41,190.96 difference in value).

Between 2010 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.52% per year. This rate of change indicates significant inflation. In other words, $98,966 in Minneapolis/St. Paul in the year 2010 would cost $140,156.96 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.63% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2010: Pricing changed by 1.85%, which is below the average yearly change in Minneapolis/St. Paul during the 2010-2024 time period. Compared to inflation for all items in 2010 (1.64%), 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 $98,966.00 since 2010

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $98,966 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2010$98,966.001.85%
2011$102,523.543.59%
2012$104,916.732.33%
2013$106,950.941.94%
2014$108,447.621.40%
2015$107,771.73-0.62%
2016$109,444.161.55%
2017$111,825.202.18%
2018$114,503.522.40%
2019$116,904.662.10%
2020$118,255.981.16%
2021$123,980.474.84%
2022$133,218.577.45%
2023$136,823.322.71%
2024$140,156.962.44%*

* 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:

Year19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2010 * 2010 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 211.728 in the year 2010 and 299.852 in 2024:

299.852 / 211.728 * $98,966 = $140,156.96

Therefore, according to U.S. Bureau of Labor Statistics, $98,966 in 2010 has the same "purchasing power" as $140,156.96 in 2024 (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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