Minneapolis/St. Paul, Minnesota prices:$24,850 in 1990$60,032.51 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2025 ($24,850)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 141.58% higher in 2025 versus 1990 (a $35,182.51 difference in value).

Between 1990 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.55% per year. This rate of change indicates significant inflation. In other words, $24,850 in Minneapolis/St. Paul in the year 1990 would cost $60,032.51 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.61% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1990: Pricing changed by 4.10%, which is above the average yearly change in Minneapolis/St. Paul during the 1990-2025 time period. Compared to inflation for all items in 1990 (5.40%), 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 $24,850.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $24,850 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$24,850.004.10%
1991$25,515.282.68%
1992$26,415.353.53%
1993$27,237.173.11%
1994$28,098.113.16%
1995$28,763.392.37%
1996$29,722.173.33%
1997$30,407.012.30%
1998$30,974.451.87%
1999$31,952.803.16%
2000$33,283.354.16%
2001$34,535.633.76%
2002$35,142.201.76%
2003$35,748.781.73%
2004$36,766.262.85%
2005$37,783.742.77%
2006$38,390.311.61%
2007$39,377.862.57%
2008$40,886.663.83%
2009$40,677.49-0.51%
2010$41,428.671.85%
2011$42,917.913.59%
2012$43,919.732.33%
2013$44,771.291.94%
2014$45,397.821.40%
2015$45,114.88-0.62%
2016$45,814.991.55%
2017$46,811.732.18%
2018$47,932.912.40%
2019$48,938.062.10%
2020$49,503.741.16%
2021$51,900.114.84%
2022$55,767.317.45%
2023$57,276.312.71%
2024$58,671.832.44%
2025$60,032.512.32%*

* 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 1990* 1990 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 127.000 in the year 1990 and 306.806 in 2025:

306.806 / 127.000* $24,850 = $60,032.51

Therefore, according to U.S. Bureau of Labor Statistics, $24,850 in 1990 has the same "purchasing power" as $60,032.51 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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