Minneapolis/St. Paul, Minnesota prices: $2,900,000 in 1995 $5,915,447.62 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2026 ($2,900,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 103.98% higher in 2026 versus 1995 (a $3,015,447.62 difference in value).

Between 1995 and 2026: Minneapolis/St. Paul experienced an average inflation rate of 2.33% per year. This rate of change indicates significant inflation. In other words, $2,900,000 in Minneapolis/St. Paul in the year 1995 would cost $5,915,447.62 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1995: Pricing changed by 2.37%, which is above the average yearly change in Minneapolis/St. Paul during the 1995-2026 time period. Compared to inflation for all items in 1995 (2.81%), inflation in Minneapolis/St. Paul was lower.

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
Dental services · Women's apparel · Jewelry · Film and photographic supplies · More

Buying power of $2,900,000.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $2,900,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$2,900,000.002.37%
1996$2,996,666.673.33%
1997$3,065,714.292.30%
1998$3,122,925.171.87%
1999$3,221,564.633.16%
2000$3,355,714.294.16%
2001$3,481,972.793.76%
2002$3,543,129.251.76%
2003$3,604,285.711.73%
2004$3,706,870.752.85%
2005$3,809,455.782.77%
2006$3,870,612.241.61%
2007$3,970,178.912.57%
2008$4,122,300.683.83%
2009$4,101,211.56-0.51%
2010$4,176,946.941.85%
2011$4,327,095.923.59%
2012$4,428,102.722.33%
2013$4,513,958.501.94%
2014$4,577,127.211.40%
2015$4,548,600.68-0.62%
2016$4,619,187.071.55%
2017$4,719,680.952.18%
2018$4,832,721.772.40%
2019$4,934,063.952.10%
2020$4,991,097.281.16%
2021$5,232,704.764.84%
2022$5,622,606.807.45%
2023$5,774,748.302.71%
2024$5,915,447.622.44%
2025$5,915,447.620.00% **
2026$5,915,447.620.00% **

* 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 1995 * 1995 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 147.000 in the year 1995 and 299.852 in 2026:

299.852 / 147.000 * $2,900,000 = $5,915,447.62

Therefore, according to U.S. Bureau of Labor Statistics, $2,900,000 in 1995 has the same "purchasing power" as $5,915,447.62 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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