Minneapolis/St. Paul, Minnesota prices:$63,000 in 1996$127,246.73 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1996-2025 ($63,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 101.98% higher in 2025 versus 1996 (a $64,246.73 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, $63,000 in Minneapolis/St. Paul in the year 1996 would cost $127,246.73 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%).

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Buying power of $63,000.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $63,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$63,000.003.33%
1997$64,451.612.30%
1998$65,654.381.87%
1999$67,728.113.16%
2000$70,548.394.16%
2001$73,202.763.76%
2002$74,488.481.76%
2003$75,774.191.73%
2004$77,930.882.85%
2005$80,087.562.77%
2006$81,373.271.61%
2007$83,466.502.57%
2008$86,664.613.83%
2009$86,221.24-0.51%
2010$87,813.461.85%
2011$90,970.093.59%
2012$93,093.592.33%
2013$94,898.571.94%
2014$96,226.591.40%
2015$95,626.87-0.62%
2016$97,110.831.55%
2017$99,223.552.18%
2018$101,600.052.40%
2019$103,730.602.10%
2020$104,929.631.16%
2021$110,009.034.84%
2022$118,206.087.45%
2023$121,404.612.71%
2024$124,362.582.44%
2025$127,246.732.32%*

* 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* $63,000 = $127,246.73

Therefore, according to U.S. Bureau of Labor Statistics, $63,000 in 1996 has the same "purchasing power" as $127,246.73 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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