Minneapolis/St. Paul, Minnesota prices:$16,800 in 1995$35,063.54 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2025 ($16,800)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 108.71% higher in 2025 versus 1995 (a $18,263.54 difference in value).

Between 1995 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.48% per year. This rate of change indicates significant inflation. In other words, $16,800 in Minneapolis/St. Paul in the year 1995 would cost $35,063.54 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.53% 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 1995-2025 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%).

View price changes for other categories
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Buying power of $16,800.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $16,800 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$16,800.002.37%
1996$17,360.003.33%
1997$17,760.002.30%
1998$18,091.431.87%
1999$18,662.863.16%
2000$19,440.004.16%
2001$20,171.433.76%
2002$20,525.711.76%
2003$20,880.001.73%
2004$21,474.292.85%
2005$22,068.572.77%
2006$22,422.861.61%
2007$22,999.662.57%
2008$23,880.913.83%
2009$23,758.74-0.51%
2010$24,197.491.85%
2011$25,067.313.59%
2012$25,652.462.33%
2013$26,149.831.94%
2014$26,515.771.40%
2015$26,350.51-0.62%
2016$26,759.431.55%
2017$27,341.602.18%
2018$27,996.462.40%
2019$28,583.542.10%
2020$28,913.941.16%
2021$30,313.604.84%
2022$32,572.347.45%
2023$33,453.712.71%
2024$34,268.802.44%
2025$35,063.542.32%*

* 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 1995* 1995 USD value = 2025 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 306.806 in 2025:

306.806 / 147.000* $16,800 = $35,063.54

Therefore, according to U.S. Bureau of Labor Statistics, $16,800 in 1995 has the same "purchasing power" as $35,063.54 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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