Minneapolis/St. Paul, Minnesota prices: $25,000 in 1991 $57,486.96 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1991-2024 ($25,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 129.95% higher in 2024 versus 1991 (a $32,486.96 difference in value).

Between 1991 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, $25,000 in Minneapolis/St. Paul in the year 1991 would cost $57,486.96 in 2024 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 1991-2024 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%).

View price changes for other categories
Legal services · Milk · Dental services · Bananas · More

Buying power of $25,000.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $25,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$25,000.002.68%
1992$25,881.903.53%
1993$26,687.123.11%
1994$27,530.673.16%
1995$28,182.522.37%
1996$29,121.933.33%
1997$29,792.942.30%
1998$30,348.931.87%
1999$31,307.523.16%
2000$32,611.204.16%
2001$33,838.193.76%
2002$34,432.521.76%
2003$35,026.841.73%
2004$36,023.772.85%
2005$37,020.712.77%
2006$37,615.031.61%
2007$38,582.632.57%
2008$40,060.973.83%
2009$39,856.02-0.51%
2010$40,592.021.85%
2011$42,051.193.59%
2012$43,032.782.33%
2013$43,867.141.94%
2014$44,481.021.40%
2015$44,203.80-0.62%
2016$44,889.761.55%
2017$45,866.372.18%
2018$46,964.922.40%
2019$47,949.772.10%
2020$48,504.031.16%
2021$50,851.994.84%
2022$54,641.107.45%
2023$56,119.632.71%
2024$57,486.962.44%*

* 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:

Year19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1991 * 1991 USD value = 2024 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 299.852 in 2024:

299.852 / 130.400 * $25,000 = $57,486.96

Therefore, according to U.S. Bureau of Labor Statistics, $25,000 in 1991 has the same "purchasing power" as $57,486.96 in 2024 (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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