Minneapolis/St. Paul, Minnesota prices:$22,050 in 1996$44,536.35 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1996-2025 ($22,050)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 101.98% higher in 2025 versus 1996 (a $22,486.35 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, $22,050 in Minneapolis/St. Paul in the year 1996 would cost $44,536.35 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 $22,050.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $22,050 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$22,050.003.33%
1997$22,558.062.30%
1998$22,979.031.87%
1999$23,704.843.16%
2000$24,691.944.16%
2001$25,620.973.76%
2002$26,070.971.76%
2003$26,520.971.73%
2004$27,275.812.85%
2005$28,030.652.77%
2006$28,480.651.61%
2007$29,213.272.57%
2008$30,332.613.83%
2009$30,177.44-0.51%
2010$30,734.711.85%
2011$31,839.533.59%
2012$32,582.762.33%
2013$33,214.501.94%
2014$33,679.311.40%
2015$33,469.40-0.62%
2016$33,988.791.55%
2017$34,728.242.18%
2018$35,560.022.40%
2019$36,305.712.10%
2020$36,725.371.16%
2021$38,503.164.84%
2022$41,372.137.45%
2023$42,491.612.71%
2024$43,526.902.44%
2025$44,536.352.32%*

* 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* $22,050 = $44,536.35

Therefore, according to U.S. Bureau of Labor Statistics, $22,050 in 1996 has the same "purchasing power" as $44,536.35 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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