Minneapolis/St. Paul, Minnesota prices:$490,000 in 1991$1,152,875.31 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1991-2025 ($490,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 135.28% higher in 2025 versus 1991 (a $662,875.31 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, $490,000 in Minneapolis/St. Paul in the year 1991 would cost $1,152,875.31 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 $490,000.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $490,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$490,000.002.68%
1992$507,285.283.53%
1993$523,067.483.11%
1994$539,601.233.16%
1995$552,377.302.37%
1996$570,789.883.33%
1997$583,941.722.30%
1998$594,838.961.87%
1999$613,627.303.16%
2000$639,179.454.16%
2001$663,228.533.76%
2002$674,877.301.76%
2003$686,526.071.73%
2004$706,065.952.85%
2005$725,605.832.77%
2006$737,254.601.61%
2007$756,219.562.57%
2008$785,194.943.83%
2009$781,177.99-0.51%
2010$795,603.681.85%
2011$824,203.303.59%
2012$843,442.562.33%
2013$859,795.941.94%
2014$871,827.991.40%
2015$866,394.40-0.62%
2016$879,839.341.55%
2017$898,980.902.18%
2018$920,512.352.40%
2019$939,815.492.10%
2020$950,678.911.16%
2021$996,699.084.84%
2022$1,070,965.647.45%
2023$1,099,944.792.71%
2024$1,126,744.482.44%
2025$1,152,875.312.32%*

* 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* $490,000 = $1,152,875.31

Therefore, according to U.S. Bureau of Labor Statistics, $490,000 in 1991 has the same "purchasing power" as $1,152,875.31 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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