Minneapolis/St. Paul, Minnesota prices:$31,408 in 1991$73,896.95 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1991-2025 ($31,408)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 135.28% higher in 2025 versus 1991 (a $42,488.95 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, $31,408 in Minneapolis/St. Paul in the year 1991 would cost $73,896.95 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%).

View price changes for other categories
Public transportation · Rent of primary residence · College tuition and fees · Atlanta, Georgia · More

Buying power of $31,408.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $31,408 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$31,408.002.68%
1992$32,515.953.53%
1993$33,527.563.11%
1994$34,587.343.16%
1995$35,406.262.37%
1996$36,586.473.33%
1997$37,429.472.30%
1998$38,127.961.87%
1999$39,332.263.16%
2000$40,970.104.16%
2001$42,511.603.76%
2002$43,258.261.76%
2003$44,004.921.73%
2004$45,257.392.85%
2005$46,509.852.77%
2006$47,256.521.61%
2007$48,472.132.57%
2008$50,329.393.83%
2009$50,071.91-0.51%
2010$50,996.571.85%
2011$52,829.753.59%
2012$54,062.952.33%
2013$55,111.161.94%
2014$55,882.391.40%
2015$55,534.11-0.62%
2016$56,395.911.55%
2017$57,622.842.18%
2018$59,002.962.40%
2019$60,240.252.10%
2020$60,936.581.16%
2021$63,886.384.84%
2022$68,646.717.45%
2023$70,504.222.71%
2024$72,222.022.44%
2025$73,896.952.32%*

* 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* $31,408 = $73,896.95

Therefore, according to U.S. Bureau of Labor Statistics, $31,408 in 1991 has the same "purchasing power" as $73,896.95 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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