Minneapolis/St. Paul, Minnesota prices:$4,700 in 1991$11,058.19 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1991-2025 ($4,700)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 135.28% higher in 2025 versus 1991 (a $6,358.19 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, $4,700 in Minneapolis/St. Paul in the year 1991 would cost $11,058.19 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 $4,700.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $4,700 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$4,700.002.68%
1992$4,865.803.53%
1993$5,017.183.11%
1994$5,175.773.16%
1995$5,298.312.37%
1996$5,474.923.33%
1997$5,601.072.30%
1998$5,705.601.87%
1999$5,885.813.16%
2000$6,130.904.16%
2001$6,361.583.76%
2002$6,473.311.76%
2003$6,585.051.73%
2004$6,772.472.85%
2005$6,959.892.77%
2006$7,071.631.61%
2007$7,253.532.57%
2008$7,531.463.83%
2009$7,492.93-0.51%
2010$7,631.301.85%
2011$7,905.623.59%
2012$8,090.162.33%
2013$8,247.021.94%
2014$8,362.431.40%
2015$8,310.31-0.62%
2016$8,439.281.55%
2017$8,622.882.18%
2018$8,829.402.40%
2019$9,014.562.10%
2020$9,118.761.16%
2021$9,560.174.84%
2022$10,272.537.45%
2023$10,550.492.71%
2024$10,807.552.44%
2025$11,058.192.32%*

* 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* $4,700 = $11,058.19

Therefore, according to U.S. Bureau of Labor Statistics, $4,700 in 1991 has the same "purchasing power" as $11,058.19 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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