Minneapolis/St. Paul, Minnesota prices:$590 in 1992$1,340.86 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1992-2025 ($590)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 127.26% higher in 2025 versus 1992 (a $750.86 difference in value).

Between 1992 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.52% per year. This rate of change indicates significant inflation. In other words, $590 in Minneapolis/St. Paul in the year 1992 would cost $1,340.86 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1992: Pricing changed by 3.53%, which is above the average yearly change in Minneapolis/St. Paul during the 1992-2025 time period. Compared to inflation for all items in 1992 (3.03%), inflation in Minneapolis/St. Paul was higher.

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 $590.00 since 1992

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $590 beginning in 1992. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1992$590.003.53%
1993$608.363.11%
1994$627.593.16%
1995$642.442.37%
1996$663.863.33%
1997$679.162.30%
1998$691.831.87%
1999$713.683.16%
2000$743.404.16%
2001$771.373.76%
2002$784.921.76%
2003$798.471.73%
2004$821.192.85%
2005$843.922.77%
2006$857.471.61%
2007$879.522.57%
2008$913.223.83%
2009$908.55-0.51%
2010$925.331.85%
2011$958.593.59%
2012$980.972.33%
2013$999.991.94%
2014$1,013.981.40%
2015$1,007.66-0.62%
2016$1,023.301.55%
2017$1,045.562.18%
2018$1,070.612.40%
2019$1,093.062.10%
2020$1,105.691.16%
2021$1,159.214.84%
2022$1,245.597.45%
2023$1,279.292.71%
2024$1,310.462.44%
2025$1,340.862.32%*

* 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 1992* 1992 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 135.000 in the year 1992 and 306.806 in 2025:

306.806 / 135.000* $590 = $1,340.86

Therefore, according to U.S. Bureau of Labor Statistics, $590 in 1992 has the same "purchasing power" as $1,340.86 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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