Minneapolis/St. Paul, Minnesota prices:$190,000 in 1998$368,244.73 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1998-2025 ($190,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 93.81% higher in 2025 versus 1998 (a $178,244.73 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, $190,000 in Minneapolis/St. Paul in the year 1998 would cost $368,244.73 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
Educational books and supplies · Minneapolis-St Paul, Minnesota · Fresh fruits · New York · More

Buying power of $190,000.00 since 1998

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $190,000 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$190,000.001.87%
1999$196,001.263.16%
2000$204,162.984.16%
2001$211,844.603.76%
2002$215,565.381.76%
2003$219,286.171.73%
2004$225,527.482.85%
2005$231,768.792.77%
2006$235,489.581.61%
2007$241,547.252.57%
2008$250,802.403.83%
2009$249,519.33-0.51%
2010$254,127.101.85%
2011$263,262.223.59%
2012$269,407.522.33%
2013$274,631.021.94%
2014$278,474.231.40%
2015$276,738.66-0.62%
2016$281,033.161.55%
2017$287,147.252.18%
2018$294,024.702.40%
2019$300,190.402.10%
2020$303,660.331.16%
2021$318,359.824.84%
2022$342,081.627.45%
2023$351,337.972.71%
2024$359,898.172.44%
2025$368,244.732.32%*

* 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 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* $190,000 = $368,244.73

Therefore, according to U.S. Bureau of Labor Statistics, $190,000 in 1998 has the same "purchasing power" as $368,244.73 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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