Minneapolis/St. Paul, Minnesota prices:$22,000 in 1989$55,325.67 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1989-2025 ($22,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 151.48% higher in 2025 versus 1989 (a $33,325.67 difference in value).

Between 1989 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.59% per year. This rate of change indicates significant inflation. In other words, $22,000 in Minneapolis/St. Paul in the year 1989 would cost $55,325.67 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.69% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1989: Pricing changed by 4.10%, which is above the average yearly change in Minneapolis/St. Paul during the 1989-2025 time period. Compared to inflation for all items in 1989 (4.83%), inflation in Minneapolis/St. Paul was lower.

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 $22,000.00 since 1989

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $22,000 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$22,000.004.10%
1990$22,901.644.10%
1991$23,514.752.68%
1992$24,344.263.53%
1993$25,101.643.11%
1994$25,895.083.16%
1995$26,508.202.37%
1996$27,391.803.33%
1997$28,022.952.30%
1998$28,545.901.87%
1999$29,447.543.16%
2000$30,673.774.16%
2001$31,827.873.76%
2002$32,386.891.76%
2003$32,945.901.73%
2004$33,883.612.85%
2005$34,821.312.77%
2006$35,380.331.61%
2007$36,290.442.57%
2008$37,680.953.83%
2009$37,488.18-0.51%
2010$38,180.461.85%
2011$39,552.933.59%
2012$40,476.212.33%
2013$41,261.001.94%
2014$41,838.411.40%
2015$41,577.66-0.62%
2016$42,222.871.55%
2017$43,141.462.18%
2018$44,174.742.40%
2019$45,101.082.10%
2020$45,622.411.16%
2021$47,830.894.84%
2022$51,394.897.45%
2023$52,785.572.71%
2024$54,071.672.44%
2025$55,325.672.32%*

* 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 1989* 1989 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 122.000 in the year 1989 and 306.806 in 2025:

306.806 / 122.000* $22,000 = $55,325.67

Therefore, according to U.S. Bureau of Labor Statistics, $22,000 in 1989 has the same "purchasing power" as $55,325.67 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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