Minneapolis/St. Paul, Minnesota prices:$829,000 in 1997$1,636,693.53 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1997-2025 ($829,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 97.43% higher in 2025 versus 1997 (a $807,693.53 difference in value).

Between 1997 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.46% per year. This rate of change indicates significant inflation. In other words, $829,000 in Minneapolis/St. Paul in the year 1997 would cost $1,636,693.53 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1997: Pricing changed by 2.30%, which is below the average yearly change in Minneapolis/St. Paul during the 1997-2025 time period. Compared to inflation for all items in 1997 (2.34%), inflation in Minneapolis/St. Paul was lower.

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
Fresh fruits · Medical care · Milk · Dental services · More

Buying power of $829,000.00 since 1997

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $829,000 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$829,000.002.30%
1998$844,470.401.87%
1999$871,143.503.16%
2000$907,418.924.16%
2001$941,560.493.76%
2002$958,097.811.76%
2003$974,635.141.73%
2004$1,002,375.162.85%
2005$1,030,115.192.77%
2006$1,046,652.511.61%
2007$1,073,576.342.57%
2008$1,114,711.603.83%
2009$1,109,008.89-0.51%
2010$1,129,488.491.85%
2011$1,170,090.293.59%
2012$1,197,403.552.33%
2013$1,220,619.811.94%
2014$1,237,701.271.40%
2015$1,229,987.41-0.62%
2016$1,249,074.681.55%
2017$1,276,249.232.18%
2018$1,306,816.612.40%
2019$1,334,220.552.10%
2020$1,349,642.941.16%
2021$1,414,976.044.84%
2022$1,520,409.477.45%
2023$1,561,550.062.71%
2024$1,599,596.582.44%
2025$1,636,693.532.32%*

* 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 1997* 1997 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 155.400 in the year 1997 and 306.806 in 2025:

306.806 / 155.400* $829,000 = $1,636,693.53

Therefore, according to U.S. Bureau of Labor Statistics, $829,000 in 1997 has the same "purchasing power" as $1,636,693.53 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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