Minneapolis/St. Paul, Minnesota prices:$3,800,000 in 1996$7,675,199.47 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1996-2025 ($3,800,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 101.98% higher in 2025 versus 1996 (a $3,875,199.47 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, $3,800,000 in Minneapolis/St. Paul in the year 1996 would cost $7,675,199.47 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
Alcoholic beverages · Airline fares · Jewelry · Admission to sporting events · More

Buying power of $3,800,000.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $3,800,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$3,800,000.003.33%
1997$3,887,557.602.30%
1998$3,960,105.331.87%
1999$4,085,187.623.16%
2000$4,255,299.544.16%
2001$4,415,404.873.76%
2002$4,492,955.891.76%
2003$4,570,506.911.73%
2004$4,700,592.502.85%
2005$4,830,678.082.77%
2006$4,908,229.101.61%
2007$5,034,487.162.57%
2008$5,227,389.073.83%
2009$5,200,646.48-0.51%
2010$5,296,684.661.85%
2011$5,487,084.923.59%
2012$5,615,169.192.33%
2013$5,724,040.821.94%
2014$5,804,143.521.40%
2015$5,767,969.72-0.62%
2016$5,857,478.601.55%
2017$5,984,912.442.18%
2018$6,128,256.752.40%
2019$6,256,766.292.10%
2020$6,329,088.871.16%
2021$6,635,465.444.84%
2022$7,129,890.727.45%
2023$7,322,817.642.71%
2024$7,501,235.022.44%
2025$7,675,199.472.32%*

* 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* $3,800,000 = $7,675,199.47

Therefore, according to U.S. Bureau of Labor Statistics, $3,800,000 in 1996 has the same "purchasing power" as $7,675,199.47 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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