Minneapolis/St. Paul, Minnesota prices:$18,800,000 in 1998$36,436,846.49 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1998-2025 ($18,800,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 93.81% higher in 2025 versus 1998 (a $17,636,846.49 difference in value).

Between 1998 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.48% per year. This rate of change indicates significant inflation. In other words, $18,800,000 in Minneapolis/St. Paul in the year 1998 would cost $36,436,846.49 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1998: Pricing changed by 1.87%, which is below the average yearly change in Minneapolis/St. Paul during the 1998-2025 time period. Compared to inflation for all items in 1998 (1.55%), 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
Public transportation · Admission to sporting events · Medical care · Bread · More

Buying power of $18,800,000.00 since 1998

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $18,800,000 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$18,800,000.001.87%
1999$19,393,809.223.16%
2000$20,201,389.774.16%
2001$20,961,465.573.76%
2002$21,329,627.291.76%
2003$21,697,789.011.73%
2004$22,315,350.602.85%
2005$22,932,912.192.77%
2006$23,301,073.911.61%
2007$23,900,464.942.57%
2008$24,816,237.523.83%
2009$24,689,281.11-0.51%
2010$25,145,207.831.85%
2011$26,049,104.233.59%
2012$26,657,164.882.33%
2013$27,174,016.421.94%
2014$27,554,291.851.40%
2015$27,382,562.22-0.62%
2016$27,807,492.101.55%
2017$28,412,464.942.18%
2018$29,092,970.312.40%
2019$29,703,049.912.10%
2020$30,046,390.401.16%
2021$31,500,866.714.84%
2022$33,848,075.817.45%
2023$34,763,967.152.71%
2024$35,610,976.632.44%
2025$36,436,846.492.32%*

* 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 1998* 1998 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 158.300 in the year 1998 and 306.806 in 2025:

306.806 / 158.300* $18,800,000 = $36,436,846.49

Therefore, according to U.S. Bureau of Labor Statistics, $18,800,000 in 1998 has the same "purchasing power" as $36,436,846.49 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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