Minneapolis/St. Paul, Minnesota prices:$22,000,000 in 1996$44,435,365.37 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1996-2025 ($22,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 101.98% higher in 2025 versus 1996 (a $22,435,365.37 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, $22,000,000 in Minneapolis/St. Paul in the year 1996 would cost $44,435,365.37 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
Bread · Rent of primary residence · Televisions · Juices and nonalcoholic drinks · More

Buying power of $22,000,000.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $22,000,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$22,000,000.003.33%
1997$22,506,912.442.30%
1998$22,926,925.611.87%
1999$23,651,086.243.16%
2000$24,635,944.704.16%
2001$25,562,870.313.76%
2002$26,011,849.901.76%
2003$26,460,829.491.73%
2004$27,213,956.552.85%
2005$27,967,083.612.77%
2006$28,416,063.201.61%
2007$29,147,030.942.57%
2008$30,263,831.473.83%
2009$30,109,005.92-0.51%
2010$30,665,016.461.85%
2011$31,767,333.773.59%
2012$32,508,874.262.33%
2013$33,139,183.671.94%
2014$33,602,936.141.40%
2015$33,393,508.89-0.62%
2016$33,911,718.241.55%
2017$34,649,493.092.18%
2018$35,479,381.172.40%
2019$36,223,383.812.10%
2020$36,642,093.481.16%
2021$38,415,852.534.84%
2022$41,278,314.687.45%
2023$42,395,260.042.71%
2024$43,428,202.762.44%
2025$44,435,365.372.32%*

* 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* $22,000,000 = $44,435,365.37

Therefore, according to U.S. Bureau of Labor Statistics, $22,000,000 in 1996 has the same "purchasing power" as $44,435,365.37 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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