Minneapolis/St. Paul, Minnesota prices:$3,300 in 1988$8,638.74 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1988-2025 ($3,300)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 161.78% higher in 2025 versus 1988 (a $5,338.74 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, $3,300 in Minneapolis/St. Paul in the year 1988 would cost $8,638.74 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%).

View price changes for other categories
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Buying power of $3,300.00 since 1988

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $3,300 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$3,300.005.02%
1989$3,435.154.10%
1990$3,575.944.10%
1991$3,671.672.68%
1992$3,801.193.53%
1993$3,919.453.11%
1994$4,043.343.16%
1995$4,139.082.37%
1996$4,277.053.33%
1997$4,375.602.30%
1998$4,457.251.87%
1999$4,598.043.16%
2000$4,789.514.16%
2001$4,969.713.76%
2002$5,057.001.76%
2003$5,144.281.73%
2004$5,290.702.85%
2005$5,437.122.77%
2006$5,524.401.61%
2007$5,666.512.57%
2008$5,883.633.83%
2009$5,853.53-0.51%
2010$5,961.621.85%
2011$6,175.933.59%
2012$6,320.092.33%
2013$6,442.631.94%
2014$6,532.791.40%
2015$6,492.07-0.62%
2016$6,592.821.55%
2017$6,736.252.18%
2018$6,897.592.40%
2019$7,042.232.10%
2020$7,123.641.16%
2021$7,468.474.84%
2022$8,024.977.45%
2023$8,242.122.71%
2024$8,442.932.44%
2025$8,638.742.32%*

* 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* $3,300 = $8,638.74

Therefore, according to U.S. Bureau of Labor Statistics, $3,300 in 1988 has the same "purchasing power" as $8,638.74 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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