Did Wages Keep Up With Inflation in Minneapolis?
Choose any available base year and comparison year to see price growth, nominal wage growth, and the wage-inflation gap.
Inflation calculator
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Any available year to any available year
CPI data for Minneapolis is available from 1997 to 2026. Reverse comparisons are supported.
$100.00 in 2010 equals
$143.91 in 2026
That means prices rose about 43.9% over this period.
Inflation
43.9%
Based on CPI values 205.7 and 296.0.
Wages beat inflation
Wage vs inflation
Wage gap 35.7%
Average wages rose 79.6% while prices rose 43.9%. The gap compares wage growth directly against inflation growth.
Future estimate
$109.68
$100.00 today may need this amount by 2030 under the baseline scenario.
Cost growth rank
#7 of 51
Ranked against the LocalInflation location list for the selected years.
Wage gap rank
#38 of 51
Higher rank means wage growth outpaced inflation by more.
Inflation over time
Consumer Price Index (CPI) history
CPI is the Consumer Price Index, a public measure of how prices change over time for a basket of goods and services.
Wage chart
Wages with wage growth vs wages if kept at inflation
Data source note: CPI values use Bureau of Labor Statistics CPI series where available. Wage values are structured as generated placeholders until verified BLS/OEWS wage series are connected.
Year-over-year rates
Nominal wage growth and inflation rate
Selected period: nominal wages rose 79.6% while prices rose 43.9%. This chart shows year-over-year rates so users can see when wages and inflation move differently instead of only seeing the cumulative gap.
What this means
Your selected amount needs to be about $143.91 in 2026 to buy what $100.00 bought in 2010.
If your income grew less than 43.9% over that time, your real purchasing power declined.
Quick examples
$1.00 then
= $1.44
in 2026
$100.00 then
= $143.91
in 2026
$1,000 then
= $1,439
in 2026
$50,000 then
= $71,953
in 2026
$100,000 then
= $143,905
in 2026
Future Cost Index
Scenario estimate through 2030
4 years forward
Low
$107.90
1.9% annual scenario
Baseline
$109.68
2.3% annual scenario
High
$113.29
3.2% annual scenario
Future Cost Index is a scenario estimate based on historical public data. It is not financial, investment, employment, or legal advice.
Methodology note
LocalInflation estimates purchasing power by comparing CPI index values across the years you choose and applying that ratio to your dollar amount.