Minneapolis/St. Paul, Minnesota prices:$880,000 in 1996$1,777,414.61 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1996-2025 ($880,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 101.98% higher in 2025 versus 1996 (a $897,414.61 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, $880,000 in Minneapolis/St. Paul in the year 1996 would cost $1,777,414.61 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 $880,000.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $880,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$880,000.003.33%
1997$900,276.502.30%
1998$917,077.021.87%
1999$946,043.453.16%
2000$985,437.794.16%
2001$1,022,514.813.76%
2002$1,040,474.001.76%
2003$1,058,433.181.73%
2004$1,088,558.262.85%
2005$1,118,683.342.77%
2006$1,136,642.531.61%
2007$1,165,881.242.57%
2008$1,210,553.263.83%
2009$1,204,360.24-0.51%
2010$1,226,600.661.85%
2011$1,270,693.353.59%
2012$1,300,354.972.33%
2013$1,325,567.351.94%
2014$1,344,117.451.40%
2015$1,335,740.36-0.62%
2016$1,356,468.731.55%
2017$1,385,979.722.18%
2018$1,419,175.252.40%
2019$1,448,935.352.10%
2020$1,465,683.741.16%
2021$1,536,634.104.84%
2022$1,651,132.597.45%
2023$1,695,810.402.71%
2024$1,737,128.112.44%
2025$1,777,414.612.32%*

* 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* $880,000 = $1,777,414.61

Therefore, according to U.S. Bureau of Labor Statistics, $880,000 in 1996 has the same "purchasing power" as $1,777,414.61 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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