Minneapolis/St. Paul Inflation by Year, 1972

Inflation in Minnesota

Prices in Minneapolis/St. Paul, 1972-2026 ($1.83)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 693.27% higher in 2026 versus 1972 (a $12.69 difference in value).

Between 1972 and 2026, Minneapolis/St. Paul experienced an average inflation rate of 3.91% per year. This rate of change indicates significant inflation. In other words, $1.83 in Minneapolis/St. Paul in the year 1972 would cost $14.52 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.91% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1972: Pricing changed by 3.04%, which is below the average yearly change in Minneapolis/St. Paul during the 1972-2026 time period. Compared to inflation for all items in 1972 (3.27%), inflation in Minneapolis/St. Paul was lower.

Price Inflation in Minneapolis-St Paul, Minnesota since 1917

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2018 (86.77%), 2017 (20.21%), and 1920 (18.65%).

View price changes for other categories
Film and photographic supplies · Educational books and supplies · New cars · Rent of primary residence · More

Buying power of $1.83 since 1972

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1.83 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1972	$1.83	3.04%
1973	$1.93	5.52%
1974	$2.15	11.30%
1975	$2.34	8.82%
1976	$2.49	6.43%
1977	$2.66	6.78%
1978	$2.91	9.35%
1979	$3.24	11.46%
1980	$3.61	11.37%
1981	$4.05	12.14%
1982	$4.47	10.58%
1983	$4.56	1.99%
1984	$4.73	3.67%
1985	$4.91	3.75%
1986	$4.98	1.45%
1987	$5.01	0.58%
1988	$5.01	0.00% **
1989	$5.01	0.00% **
1990	$5.01	0.00% **
1991	$5.01	0.00% **
1992	$5.01	0.00% **
1993	$5.01	0.00% **
1994	$5.01	0.00% **
1995	$5.01	0.00% **
1996	$5.01	0.00% **
1997	$5.01	0.00% **
1998	$5.01	0.00% **
1999	$5.01	0.00% **
2000	$5.01	0.00% **
2001	$5.01	0.00% **
2002	$5.01	0.00% **
2003	$5.01	0.00% **
2004	$5.01	0.00% **
2005	$5.01	0.00% **
2006	$5.01	0.00% **
2007	$5.01	0.00% **
2008	$5.01	0.00% **
2009	$5.01	0.00% **
2010	$5.01	0.00% **
2011	$5.01	0.00% **
2012	$5.01	0.00% **
2013	$5.01	0.00% **
2014	$5.01	0.00% **
2015	$5.01	0.00% **
2016	$5.01	0.00% **
2017	$6.02	20.21%
2018	$11.24	86.77%
2019	$11.48	2.11%
2020	$11.62	1.24%
2021	$12.17	4.67%
2022	$13.08	7.49%
2023	$13.43	2.71%
2024	$13.77	2.49%
2025	$14.10	2.41%
2026	$14.52	2.95%*

* 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:

Year	1917	1918	1919	1920	1921	1922	1923	1924	1925	1926	1927	1928	1929	1930	1931	1932	1933	1934	1935	1936	1937	1938	1939	1940	1941	1942	1943	1944	1945	1946	1947	1948	1949	1950	1951	1952	1953	1954	1955	1956	1957	1958	1959	1960	1961	1962	1963	1964	1965	1966	1967	1968	1969	1970	1971	1972	1973	1974	1975	1976	1977	1978	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
CPI	13.100	13.275	15.592	18.500	17.050	15.833	15.842	15.750	15.800	16.275	15.967	15.592	15.517	15.533	14.450	13.192	12.150	12.517	12.875	13.175	13.683	13.650	13.483	13.542	14.208	15.533	16.208	16.400	16.675	18.175	20.833	22.825	22.742	22.783	24.458	25.350	25.625	25.900	25.950	25.925	26.800	27.525	27.850	28.250	28.600	28.925	29.350	29.625	30.000	30.700	31.650	33.175	34.725	37.250	38.650	39.825	42.025	46.775	50.900	54.175	57.850	63.258	70.508	78.525	88.058	97.375	99.317	102.958	106.817	108.367	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	109.000	131.024	244.708	249.882	252.981	264.801	284.647	292.366	299.639	306.868	315.919

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1972* 1972 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 39.825 in the year 1972 and 315.919 in 2026:

315.919 / 39.825* $1.83 = $14.52

Therefore, according to U.S. Bureau of Labor Statistics, $1.83 in 1972 has the same "purchasing power" as $14.52 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 1917. 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.