Minneapolis/St. Paul, Minnesota prices:$960,000 in 1995$2,003,631.02 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2025 ($960,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 108.71% higher in 2025 versus 1995 (a $1,043,631.02 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, $960,000 in Minneapolis/St. Paul in the year 1995 would cost $2,003,631.02 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 $960,000.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $960,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$960,000.002.37%
1996$992,000.003.33%
1997$1,014,857.142.30%
1998$1,033,795.921.87%
1999$1,066,448.983.16%
2000$1,110,857.144.16%
2001$1,152,653.063.76%
2002$1,172,897.961.76%
2003$1,193,142.861.73%
2004$1,227,102.042.85%
2005$1,261,061.222.77%
2006$1,281,306.121.61%
2007$1,314,266.122.57%
2008$1,364,623.673.83%
2009$1,357,642.45-0.51%
2010$1,382,713.471.85%
2011$1,432,417.963.59%
2012$1,465,854.692.33%
2013$1,494,275.921.94%
2014$1,515,186.941.40%
2015$1,505,743.67-0.62%
2016$1,529,110.201.55%
2017$1,562,377.142.18%
2018$1,599,797.552.40%
2019$1,633,345.312.10%
2020$1,652,225.311.16%
2021$1,732,205.714.84%
2022$1,861,276.737.45%
2023$1,911,640.822.71%
2024$1,958,217.142.44%
2025$2,003,631.022.32%*

* 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* $960,000 = $2,003,631.02

Therefore, according to U.S. Bureau of Labor Statistics, $960,000 in 1995 has the same "purchasing power" as $2,003,631.02 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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