Minneapolis/St. Paul, Minnesota prices:$38 in 1998$73.65 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1998-2025 ($38)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 93.81% higher in 2025 versus 1998 (a $35.65 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, $38 in Minneapolis/St. Paul in the year 1998 would cost $73.65 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
Bread · New cars · Parking fees and tolls · Women's apparel · More

Buying power of $38.00 since 1998

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $38 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$38.001.87%
1999$39.203.16%
2000$40.834.16%
2001$42.373.76%
2002$43.111.76%
2003$43.861.73%
2004$45.112.85%
2005$46.352.77%
2006$47.101.61%
2007$48.312.57%
2008$50.163.83%
2009$49.90-0.51%
2010$50.831.85%
2011$52.653.59%
2012$53.882.33%
2013$54.931.94%
2014$55.691.40%
2015$55.35-0.62%
2016$56.211.55%
2017$57.432.18%
2018$58.802.40%
2019$60.042.10%
2020$60.731.16%
2021$63.674.84%
2022$68.427.45%
2023$70.272.71%
2024$71.982.44%
2025$73.652.32%*

* 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* $38 = $73.65

Therefore, according to U.S. Bureau of Labor Statistics, $38 in 1998 has the same "purchasing power" as $73.65 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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