Minneapolis/St. Paul, Minnesota prices: $83,000 in 1995 $169,304.19 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2024 ($83,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 103.98% higher in 2024 versus 1995 (a $86,304.19 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, $83,000 in Minneapolis/St. Paul in the year 1995 would cost $169,304.19 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
Electricity · St Louis, Missouri · College tuition and fees · New trucks · More

Buying power of $83,000.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $83,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$83,000.002.37%
1996$85,766.673.33%
1997$87,742.862.30%
1998$89,380.271.87%
1999$92,203.403.16%
2000$96,042.864.16%
2001$99,656.463.76%
2002$101,406.801.76%
2003$103,157.141.73%
2004$106,093.202.85%
2005$109,029.252.77%
2006$110,779.591.61%
2007$113,629.262.57%
2008$117,983.093.83%
2009$117,379.50-0.51%
2010$119,547.101.85%
2011$123,844.473.59%
2012$126,735.352.33%
2013$129,192.611.94%
2014$131,000.541.40%
2015$130,184.09-0.62%
2016$132,204.321.55%
2017$135,080.522.18%
2018$138,315.832.40%
2019$141,216.312.10%
2020$142,848.651.16%
2021$149,763.624.84%
2022$160,922.887.45%
2023$165,277.282.71%
2024$169,304.192.44%*

* 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 * $83,000 = $169,304.19

Therefore, according to U.S. Bureau of Labor Statistics, $83,000 in 1995 has the same "purchasing power" as $169,304.19 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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