Minneapolis/St. Paul, Minnesota prices:$8,723 in 1990$21,072.98 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1990-2025 ($8,723)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 141.58% higher in 2025 versus 1990 (a $12,349.98 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, $8,723 in Minneapolis/St. Paul in the year 1990 would cost $21,072.98 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
Electricity · Gasoline (all types) · Educational books and supplies · Televisions · More

Buying power of $8,723.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $8,723 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$8,723.004.10%
1991$8,956.532.68%
1992$9,272.483.53%
1993$9,560.963.11%
1994$9,863.173.16%
1995$10,096.702.37%
1996$10,433.263.33%
1997$10,673.662.30%
1998$10,872.841.87%
1999$11,216.273.16%
2000$11,683.334.16%
2001$12,122.913.76%
2002$12,335.831.76%
2003$12,548.761.73%
2004$12,905.922.85%
2005$13,263.082.77%
2006$13,476.001.61%
2007$13,822.662.57%
2008$14,352.293.83%
2009$14,278.86-0.51%
2010$14,542.551.85%
2011$15,065.313.59%
2012$15,416.982.33%
2013$15,715.891.94%
2014$15,935.821.40%
2015$15,836.50-0.62%
2016$16,082.261.55%
2017$16,432.142.18%
2018$16,825.712.40%
2019$17,178.542.10%
2020$17,377.111.16%
2021$18,218.294.84%
2022$19,575.797.45%
2023$20,105.482.71%
2024$20,595.352.44%
2025$21,072.982.32%*

* 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* $8,723 = $21,072.98

Therefore, according to U.S. Bureau of Labor Statistics, $8,723 in 1990 has the same "purchasing power" as $21,072.98 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.

» Read more about inflation and investment.