Minneapolis/St. Paul, Minnesota prices:$98,000 in 1992$222,718.43 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1992-2025 ($98,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 127.26% higher in 2025 versus 1992 (a $124,718.43 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, $98,000 in Minneapolis/St. Paul in the year 1992 would cost $222,718.43 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 $98,000.00 since 1992

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $98,000 beginning in 1992. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1992$98,000.003.53%
1993$101,048.893.11%
1994$104,242.963.16%
1995$106,711.112.37%
1996$110,268.153.33%
1997$112,808.892.30%
1998$114,914.071.87%
1999$118,543.703.16%
2000$123,480.004.16%
2001$128,125.933.76%
2002$130,376.301.76%
2003$132,626.671.73%
2004$136,401.482.85%
2005$140,176.302.77%
2006$142,426.671.61%
2007$146,090.412.57%
2008$151,688.033.83%
2009$150,912.01-0.51%
2010$153,698.841.85%
2011$159,223.873.59%
2012$162,940.612.33%
2013$166,099.841.94%
2014$168,424.251.40%
2015$167,374.56-0.62%
2016$169,971.931.55%
2017$173,669.792.18%
2018$177,829.352.40%
2019$181,558.432.10%
2020$183,657.081.16%
2021$192,547.504.84%
2022$206,894.707.45%
2023$212,493.042.71%
2024$217,670.342.44%
2025$222,718.432.32%*

* 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* $98,000 = $222,718.43

Therefore, according to U.S. Bureau of Labor Statistics, $98,000 in 1992 has the same "purchasing power" as $222,718.43 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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