Minneapolis/St. Paul, Minnesota prices:$3,505 in 1991$8,246.59 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1991-2025 ($3,505)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 135.28% higher in 2025 versus 1991 (a $4,741.59 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, $3,505 in Minneapolis/St. Paul in the year 1991 would cost $8,246.59 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
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Buying power of $3,505.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $3,505 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$3,505.002.68%
1992$3,628.643.53%
1993$3,741.533.11%
1994$3,859.803.16%
1995$3,951.192.37%
1996$4,082.893.33%
1997$4,176.972.30%
1998$4,254.921.87%
1999$4,389.313.16%
2000$4,572.094.16%
2001$4,744.113.76%
2002$4,827.441.76%
2003$4,910.761.73%
2004$5,050.532.85%
2005$5,190.302.77%
2006$5,273.631.61%
2007$5,409.282.57%
2008$5,616.553.83%
2009$5,587.81-0.51%
2010$5,691.001.85%
2011$5,895.583.59%
2012$6,033.202.33%
2013$6,150.171.94%
2014$6,236.241.40%
2015$6,197.37-0.62%
2016$6,293.541.55%
2017$6,430.472.18%
2018$6,584.482.40%
2019$6,722.562.10%
2020$6,800.261.16%
2021$7,129.454.84%
2022$7,660.687.45%
2023$7,867.972.71%
2024$8,059.672.44%
2025$8,246.592.32%*

* 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* $3,505 = $8,246.59

Therefore, according to U.S. Bureau of Labor Statistics, $3,505 in 1991 has the same "purchasing power" as $8,246.59 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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