Minneapolis/St. Paul, Minnesota prices:$20,980 in 1995$43,787.69 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2025 ($20,980)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 108.71% higher in 2025 versus 1995 (a $22,807.69 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, $20,980 in Minneapolis/St. Paul in the year 1995 would cost $43,787.69 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 $20,980.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $20,980 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$20,980.002.37%
1996$21,679.333.33%
1997$22,178.862.30%
1998$22,592.751.87%
1999$23,306.353.16%
2000$24,276.864.16%
2001$25,190.273.76%
2002$25,632.711.76%
2003$26,075.141.73%
2004$26,817.292.85%
2005$27,559.442.77%
2006$28,001.881.61%
2007$28,722.192.57%
2008$29,822.713.83%
2009$29,670.14-0.51%
2010$30,218.051.85%
2011$31,304.303.59%
2012$32,035.032.33%
2013$32,656.151.94%
2014$33,113.151.40%
2015$32,906.77-0.62%
2016$33,417.431.55%
2017$34,144.452.18%
2018$34,962.242.40%
2019$35,695.402.10%
2020$36,108.011.16%
2021$37,855.914.84%
2022$40,676.657.45%
2023$41,777.322.71%
2024$42,795.202.44%
2025$43,787.692.32%*

* 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* $20,980 = $43,787.69

Therefore, according to U.S. Bureau of Labor Statistics, $20,980 in 1995 has the same "purchasing power" as $43,787.69 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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