Minneapolis/St. Paul, Minnesota prices:$12.50 in 1988$32.72 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1988-2025 ($12.50)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 161.78% higher in 2025 versus 1988 (a $20.22 difference in value).

Between 1988 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.64% per year. This rate of change indicates significant inflation. In other words, $12.50 in Minneapolis/St. Paul in the year 1988 would cost $32.72 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1988: Pricing changed by 5.02%, which is above the average yearly change in Minneapolis/St. Paul during the 1988-2025 time period. Compared to inflation for all items in 1988 (4.08%), 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: 2022 (7.45%), 1988 (5.02%), and 2021 (4.84%).

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Buying power of $12.50 since 1988

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $12.50 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$12.505.02%
1989$13.014.10%
1990$13.554.10%
1991$13.912.68%
1992$14.403.53%
1993$14.853.11%
1994$15.323.16%
1995$15.682.37%
1996$16.203.33%
1997$16.572.30%
1998$16.881.87%
1999$17.423.16%
2000$18.144.16%
2001$18.823.76%
2002$19.161.76%
2003$19.491.73%
2004$20.042.85%
2005$20.602.77%
2006$20.931.61%
2007$21.462.57%
2008$22.293.83%
2009$22.17-0.51%
2010$22.581.85%
2011$23.393.59%
2012$23.942.33%
2013$24.401.94%
2014$24.751.40%
2015$24.59-0.62%
2016$24.971.55%
2017$25.522.18%
2018$26.132.40%
2019$26.682.10%
2020$26.981.16%
2021$28.294.84%
2022$30.407.45%
2023$31.222.71%
2024$31.982.44%
2025$32.722.32%*

* 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:

Year198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852306.806

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1988* 1988 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 117.200 in the year 1988 and 306.806 in 2025:

306.806 / 117.200* $12.50 = $32.72

Therefore, according to U.S. Bureau of Labor Statistics, $12.50 in 1988 has the same "purchasing power" as $32.72 in 2025 (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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