Minneapolis/St. Paul, Minnesota prices: $100,000 in 2000 $155,934.16 in 2021

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2000-2021 ($100,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 55.93% higher in 2021 versus 2000 (a $55,934.16 difference in value).

Between 2000 and 2021: Minneapolis/St. Paul experienced an average inflation rate of 2.14% per year. This rate of change indicates significant inflation. In other words, $100,000 in Minneapolis/St. Paul in the year 2000 would cost $155,934.16 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.18% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2000: Pricing changed by 4.16%, which is above the average yearly change in Minneapolis/St. Paul during the 2000-2021 time period. Compared to inflation for all items in 2000 (3.38%), 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%).

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Buying power of $100,000.00 since 2000

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $100,000 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$100,000.004.16%
2001$103,762.493.76%
2002$105,584.951.76%
2003$107,407.411.73%
2004$110,464.432.85%
2005$113,521.462.77%
2006$115,343.921.61%
2007$118,310.992.57%
2008$122,844.213.83%
2009$122,215.76-0.51%
2010$124,472.661.85%
2011$128,947.093.59%
2012$131,957.082.33%
2013$134,515.581.94%
2014$136,398.001.40%
2015$135,547.91-0.62%
2016$137,651.381.55%
2017$140,646.092.18%
2018$144,014.702.40%
2019$147,034.692.10%
2020$148,734.271.16%
2021$155,934.164.84%*
* Not final. See inflation summary for latest details.

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 2000 * 2000 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 170.100 in the year 2000 and 265.244 in 2021:

265.244 / 170.100 * $100,000 = $155,934.16

Therefore, according to U.S. Bureau of Labor Statistics, $100,000 in 2000 has the same "purchasing power" as $155,934.16 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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