Minneapolis/St. Paul, Minnesota prices: $152.50 in 1995 $311.07 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2024 ($152.50)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 103.98% higher in 2024 versus 1995 (a $158.57 difference in value).

Between 1995 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.49% per year. This rate of change indicates significant inflation. In other words, $152.50 in Minneapolis/St. Paul in the year 1995 would cost $311.07 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1995: Pricing changed by 2.37%, which is below the average yearly change in Minneapolis/St. Paul during the 1995-2024 time period. Compared to inflation for all items in 1995 (2.81%), 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%).

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Buying power of $152.50 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $152.50 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$152.502.37%
1996$157.583.33%
1997$161.212.30%
1998$164.221.87%
1999$169.413.16%
2000$176.464.16%
2001$183.103.76%
2002$186.321.76%
2003$189.541.73%
2004$194.932.85%
2005$200.322.77%
2006$203.541.61%
2007$208.782.57%
2008$216.783.83%
2009$215.67-0.51%
2010$219.651.85%
2011$227.553.59%
2012$232.862.33%
2013$237.371.94%
2014$240.691.40%
2015$239.19-0.62%
2016$242.911.55%
2017$248.192.18%
2018$254.132.40%
2019$259.462.10%
2020$262.461.16%
2021$275.174.84%
2022$295.677.45%
2023$303.672.71%
2024$311.072.44%*

* 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:

Year19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1995 * 1995 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 147.000 in the year 1995 and 299.852 in 2024:

299.852 / 147.000 * $152.50 = $311.07

Therefore, according to U.S. Bureau of Labor Statistics, $152.50 in 1995 has the same "purchasing power" as $311.07 in 2024 (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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