Minneapolis/St. Paul, Minnesota prices:$62,500 in 1989$157,175.20 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1989-2025 ($62,500)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 151.48% higher in 2025 versus 1989 (a $94,675.20 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, $62,500 in Minneapolis/St. Paul in the year 1989 would cost $157,175.20 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
Legal services · Milk · Minneapolis-St Paul, Minnesota · St Louis, Missouri · More

Buying power of $62,500.00 since 1989

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $62,500 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$62,500.004.10%
1990$65,061.484.10%
1991$66,803.282.68%
1992$69,159.843.53%
1993$71,311.483.11%
1994$73,565.573.16%
1995$75,307.382.37%
1996$77,817.623.33%
1997$79,610.662.30%
1998$81,096.311.87%
1999$83,657.793.16%
2000$87,141.394.16%
2001$90,420.083.76%
2002$92,008.201.76%
2003$93,596.311.73%
2004$96,260.252.85%
2005$98,924.182.77%
2006$100,512.301.61%
2007$103,097.852.57%
2008$107,048.163.83%
2009$106,500.51-0.51%
2010$108,467.211.85%
2011$112,366.293.59%
2012$114,989.242.33%
2013$117,218.751.94%
2014$118,859.121.40%
2015$118,118.34-0.62%
2016$119,951.331.55%
2017$122,560.962.18%
2018$125,496.412.40%
2019$128,128.072.10%
2020$129,609.121.16%
2021$135,883.204.84%
2022$146,008.207.45%
2023$149,959.022.71%
2024$153,612.702.44%
2025$157,175.202.32%*

* 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* $62,500 = $157,175.20

Therefore, according to U.S. Bureau of Labor Statistics, $62,500 in 1989 has the same "purchasing power" as $157,175.20 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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