Minneapolis/St. Paul, Minnesota prices:$28,424 in 1995$59,324.18 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2025 ($28,424)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 108.71% higher in 2025 versus 1995 (a $30,900.18 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, $28,424 in Minneapolis/St. Paul in the year 1995 would cost $59,324.18 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
Frankfurters · Gasoline (all types) · Admission to sporting events · Hospital services · More

Buying power of $28,424.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $28,424 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$28,424.002.37%
1996$29,371.473.33%
1997$30,048.232.30%
1998$30,608.971.87%
1999$31,575.783.16%
2000$32,890.634.16%
2001$34,128.143.76%
2002$34,727.551.76%
2003$35,326.971.73%
2004$36,332.452.85%
2005$37,337.922.77%
2006$37,937.341.61%
2007$38,913.232.57%
2008$40,404.233.83%
2009$40,197.53-0.51%
2010$40,939.841.85%
2011$42,411.513.59%
2012$43,401.512.33%
2013$44,243.021.94%
2014$44,862.161.40%
2015$44,582.56-0.62%
2016$45,274.401.55%
2017$46,259.382.18%
2018$47,367.342.40%
2019$48,360.632.10%
2020$48,919.641.16%
2021$51,287.724.84%
2022$55,109.307.45%
2023$56,600.502.71%
2024$57,979.552.44%
2025$59,324.182.32%*

* 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* $28,424 = $59,324.18

Therefore, according to U.S. Bureau of Labor Statistics, $28,424 in 1995 has the same "purchasing power" as $59,324.18 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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