Minneapolis/St. Paul, Minnesota prices: $205,169 in 1995 $418,505.68 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2024 ($205,169)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 103.98% higher in 2024 versus 1995 (a $213,336.68 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, $205,169 in Minneapolis/St. Paul in the year 1995 would cost $418,505.68 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%).

View price changes for other categories
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Buying power of $205,169.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $205,169 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$205,169.002.37%
1996$212,007.973.33%
1997$216,892.942.30%
1998$220,940.491.87%
1999$227,919.033.16%
2000$237,409.844.16%
2001$246,342.373.76%
2002$250,669.061.76%
2003$254,995.761.73%
2004$262,253.442.85%
2005$269,511.112.77%
2006$273,837.811.61%
2007$280,881.942.57%
2008$291,644.243.83%
2009$290,152.23-0.51%
2010$295,510.351.85%
2011$306,133.083.59%
2012$313,279.112.33%
2013$319,353.221.94%
2014$323,822.281.40%
2015$321,804.09-0.62%
2016$326,797.931.55%
2017$333,907.662.18%
2018$341,905.072.40%
2019$349,074.822.10%
2020$353,109.811.16%
2021$370,203.044.84%
2022$397,787.807.45%
2023$408,551.492.71%
2024$418,505.682.44%*

* 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 * $205,169 = $418,505.68

Therefore, according to U.S. Bureau of Labor Statistics, $205,169 in 1995 has the same "purchasing power" as $418,505.68 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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