Minneapolis/St. Paul, Minnesota prices:$34 in 1996$68.67 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1996-2025 ($34)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 101.98% higher in 2025 versus 1996 (a $34.67 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, $34 in Minneapolis/St. Paul in the year 1996 would cost $68.67 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
Detroit, Michigan · Medical care · Alcoholic beverages · Hospital services · More

Buying power of $34.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $34 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$34.003.33%
1997$34.782.30%
1998$35.431.87%
1999$36.553.16%
2000$38.074.16%
2001$39.513.76%
2002$40.201.76%
2003$40.891.73%
2004$42.062.85%
2005$43.222.77%
2006$43.921.61%
2007$45.052.57%
2008$46.773.83%
2009$46.53-0.51%
2010$47.391.85%
2011$49.093.59%
2012$50.242.33%
2013$51.221.94%
2014$51.931.40%
2015$51.61-0.62%
2016$52.411.55%
2017$53.552.18%
2018$54.832.40%
2019$55.982.10%
2020$56.631.16%
2021$59.374.84%
2022$63.797.45%
2023$65.522.71%
2024$67.122.44%
2025$68.672.32%*

* 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* $34 = $68.67

Therefore, according to U.S. Bureau of Labor Statistics, $34 in 1996 has the same "purchasing power" as $68.67 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.

» Read more about inflation and investment.