Minneapolis/St. Paul, Minnesota prices: $99,000 in 2013 → $129,737.42 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2013-2024 ($99,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 31.05% higher in 2024 versus 2013 (a $30,737.42 difference in value).

Between 2013 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.49% per year. This rate of change indicates significant inflation. In other words, $99,000 in Minneapolis/St. Paul in the year 2013 would cost $129,737.42 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2013: Pricing changed by 1.94%, which is below the average yearly change in Minneapolis/St. Paul during the 2013-2024 time period. Compared to inflation for all items in 2013 (1.46%), 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
19851990199520002005201020152020-11357
Years with the largest changes in pricing: 2022 (7.45%), 1988 (5.02%), and 2021 (4.84%).
View price changes for other categories
Medical care · Hospital services · Educational books and supplies · Chicago, Illinois · More

Buying power of $99,000.00 since 2013

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $99,000 beginning in 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2013$99,000.001.94%
2014$100,385.411.40%
2015$99,759.77-0.62%
2016$101,307.871.55%
2017$103,511.902.18%
2018$105,991.112.40%
2019$108,213.742.10%
2020$109,464.591.16%
2021$114,763.524.84%
2022$123,314.847.45%
2023$126,651.602.71%
2024$129,737.422.44%*

* 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 2013 * 2013 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 228.811 in the year 2013 and 299.852 in 2024:

299.852 / 228.811 * $99,000 = $129,737.42

Therefore, according to U.S. Bureau of Labor Statistics, $99,000 in 2013 has the same "purchasing power" as $129,737.42 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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