Minneapolis/St. Paul, Minnesota prices:$1,200,000,000 in 1996$2,423,747,202.11 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1996-2025 ($1,200,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 101.98% higher in 2025 versus 1996 (a $1,223,747,202.11 difference in value).

Between 1996 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.45% per year. This rate of change indicates significant inflation. In other words, $1,200,000,000 in Minneapolis/St. Paul in the year 1996 would cost $2,423,747,202.11 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1996: Pricing changed by 3.33%, which is above the average yearly change in Minneapolis/St. Paul during the 1996-2025 time period. Compared to inflation for all items in 1996 (2.93%), inflation in Minneapolis/St. Paul was higher.

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 $1,200,000,000.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,200,000,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$1,200,000,000.003.33%
1997$1,227,649,769.592.30%
1998$1,250,559,578.671.87%
1999$1,290,059,249.513.16%
2000$1,343,778,801.844.16%
2001$1,394,338,380.513.76%
2002$1,418,828,176.431.76%
2003$1,443,317,972.351.73%
2004$1,484,397,630.022.85%
2005$1,525,477,287.692.77%
2006$1,549,967,083.611.61%
2007$1,589,838,051.352.57%
2008$1,650,754,443.713.83%
2009$1,642,309,414.09-0.51%
2010$1,672,637,261.361.85%
2011$1,732,763,660.303.59%
2012$1,773,211,323.242.33%
2013$1,807,591,836.731.94%
2014$1,832,887,425.941.40%
2015$1,821,464,121.13-0.62%
2016$1,849,730,085.581.55%
2017$1,889,972,350.232.18%
2018$1,935,238,973.012.40%
2019$1,975,820,934.832.10%
2020$1,998,659,644.501.16%
2021$2,095,410,138.254.84%
2022$2,251,544,437.137.45%
2023$2,312,468,729.432.71%
2024$2,368,811,059.912.44%
2025$2,423,747,202.112.32%*

* 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 1996* 1996 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 151.900 in the year 1996 and 306.806 in 2025:

306.806 / 151.900* $1,200,000,000 = $2,423,747,202.11

Therefore, according to U.S. Bureau of Labor Statistics, $1,200,000,000 in 1996 has the same "purchasing power" as $2,423,747,202.11 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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