Preheat your oven to 350°F (175°C) and line a muffin tin with cupcake liners.
In a bowl, whisk together the flour, baking powder, baking soda, salt, cinnamon, and nutmeg.
In another bowl, beat together the sugar, brown sugar, and vegetable oil until well combined.
Add the eggs one at a time, mixing until fully incorporated.
Stir in the pumpkin puree and vanilla extract until smooth.
Gradually add the dry ingredients to the wet mixture, stirring until just combined.
Scoop the batter into the prepared cupcake liners, filling each about two-thirds full.
Bake for 18-20 minutes or until a toothpick inserted in the center comes out clean.
Allow the cupcakes to cool in the pan for 5 minutes before transferring them to a wire rack.
Once cooled, frost with cream cheese frosting and enjoy!