Minneapolis/St. Paul, Minnesota prices:$40,000,000 in 1998$77,525,205.31 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1998-2025 ($40,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 93.81% higher in 2025 versus 1998 (a $37,525,205.31 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, $40,000,000 in Minneapolis/St. Paul in the year 1998 would cost $77,525,205.31 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
Admission to sporting events · Dental services · Food · Jewelry · More

Buying power of $40,000,000.00 since 1998

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $40,000,000 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$40,000,000.001.87%
1999$41,263,423.883.16%
2000$42,981,680.354.16%
2001$44,598,862.923.76%
2002$45,382,185.721.76%
2003$46,165,508.531.73%
2004$47,479,469.362.85%
2005$48,793,430.202.77%
2006$49,576,753.001.61%
2007$50,852,053.062.57%
2008$52,800,505.373.83%
2009$52,530,385.34-0.51%
2010$53,500,442.201.85%
2011$55,423,626.033.59%
2012$56,717,372.082.33%
2013$57,817,056.221.94%
2014$58,626,152.871.40%
2015$58,260,770.69-0.62%
2016$59,164,876.821.55%
2017$60,452,053.062.18%
2018$61,899,936.832.40%
2019$63,197,978.522.10%
2020$63,928,490.211.16%
2021$67,023,120.664.84%
2022$72,017,182.567.45%
2023$73,965,887.562.71%
2024$75,768,035.382.44%
2025$77,525,205.312.32%*

* 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* $40,000,000 = $77,525,205.31

Therefore, according to U.S. Bureau of Labor Statistics, $40,000,000 in 1998 has the same "purchasing power" as $77,525,205.31 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.

» Read more about inflation and investment.