Minneapolis/St. Paul, Minnesota prices:$16,615 in 1996$33,558.80 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1996-2025 ($16,615)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 101.98% higher in 2025 versus 1996 (a $16,943.80 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, $16,615 in Minneapolis/St. Paul in the year 1996 would cost $33,558.80 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
Admission to sporting events · San Francisco, California · Gasoline (all types) · Women's apparel · More

Buying power of $16,615.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $16,615 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$16,615.003.33%
1997$16,997.832.30%
1998$17,315.041.87%
1999$17,861.953.16%
2000$18,605.744.16%
2001$19,305.783.76%
2002$19,644.861.76%
2003$19,983.941.73%
2004$20,552.722.85%
2005$21,121.502.77%
2006$21,460.591.61%
2007$22,012.632.57%
2008$22,856.073.83%
2009$22,739.14-0.51%
2010$23,159.061.85%
2011$23,991.563.59%
2012$24,551.592.33%
2013$25,027.621.94%
2014$25,377.851.40%
2015$25,219.69-0.62%
2016$25,611.051.55%
2017$26,168.242.18%
2018$26,795.002.40%
2019$27,356.892.10%
2020$27,673.111.16%
2021$29,012.704.84%
2022$31,174.517.45%
2023$32,018.062.71%
2024$32,798.162.44%
2025$33,558.802.32%*

* 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* $16,615 = $33,558.80

Therefore, according to U.S. Bureau of Labor Statistics, $16,615 in 1996 has the same "purchasing power" as $33,558.80 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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