Minneapolis/St. Paul, Minnesota prices:$245,000 in 1991$576,437.65 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1991-2025 ($245,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 135.28% higher in 2025 versus 1991 (a $331,437.65 difference in value).

Between 1991 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, $245,000 in Minneapolis/St. Paul in the year 1991 would cost $576,437.65 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1991: Pricing changed by 2.68%, which is above the average yearly change in Minneapolis/St. Paul during the 1991-2025 time period. Compared to inflation for all items in 1991 (4.23%), 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%).

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Buying power of $245,000.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $245,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$245,000.002.68%
1992$253,642.643.53%
1993$261,533.743.11%
1994$269,800.613.16%
1995$276,188.652.37%
1996$285,394.943.33%
1997$291,970.862.30%
1998$297,419.481.87%
1999$306,813.653.16%
2000$319,589.724.16%
2001$331,614.263.76%
2002$337,438.651.76%
2003$343,263.041.73%
2004$353,032.982.85%
2005$362,802.912.77%
2006$368,627.301.61%
2007$378,109.782.57%
2008$392,597.473.83%
2009$390,589.00-0.51%
2010$397,801.841.85%
2011$412,101.653.59%
2012$421,721.282.33%
2013$429,897.971.94%
2014$435,914.001.40%
2015$433,197.20-0.62%
2016$439,919.671.55%
2017$449,490.452.18%
2018$460,256.172.40%
2019$469,907.752.10%
2020$475,339.461.16%
2021$498,349.544.84%
2022$535,482.827.45%
2023$549,972.392.71%
2024$563,372.242.44%
2025$576,437.652.32%*

* 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 1991* 1991 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 130.400 in the year 1991 and 306.806 in 2025:

306.806 / 130.400* $245,000 = $576,437.65

Therefore, according to U.S. Bureau of Labor Statistics, $245,000 in 1991 has the same "purchasing power" as $576,437.65 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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