Minneapolis/St. Paul, Minnesota prices:$27 in 1993→$59.51 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1993-2025 ($27)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 120.41% higher in 2025 versus 1993 (a $32.51 difference in value).

Between 1993 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.50% per year. This rate of change indicates significant inflation. In other words, $27 in Minneapolis/St. Paul in the year 1993 would cost $59.51 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1993: Pricing changed by 3.11%, which is above the average yearly change in Minneapolis/St. Paul during the 1993-2025 time period. Compared to inflation for all items in 1993 (2.95%), 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%).
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Buying power of $27.00 since 1993

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $27 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1993$27.003.11%
1994$27.853.16%
1995$28.512.37%
1996$29.463.33%
1997$30.142.30%
1998$30.701.87%
1999$31.673.16%
2000$32.994.16%
2001$34.233.76%
2002$34.841.76%
2003$35.441.73%
2004$36.452.85%
2005$37.452.77%
2006$38.061.61%
2007$39.032.57%
2008$40.533.83%
2009$40.32-0.51%
2010$41.071.85%
2011$42.543.59%
2012$43.542.33%
2013$44.381.94%
2014$45.001.40%
2015$44.72-0.62%
2016$45.421.55%
2017$46.402.18%
2018$47.522.40%
2019$48.512.10%
2020$49.071.16%
2021$51.454.84%
2022$55.287.45%
2023$56.782.71%
2024$58.162.44%
2025$59.512.32%*

* 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 1993* 1993 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 139.200 in the year 1993 and 306.806 in 2025:

306.806 / 139.200* $27 = $59.51

Therefore, according to U.S. Bureau of Labor Statistics, $27 in 1993 has the same "purchasing power" as $59.51 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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