Minneapolis/St. Paul, Minnesota prices:$45 in 1998$87.22 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1998-2025 ($45)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 93.81% higher in 2025 versus 1998 (a $42.22 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, $45 in Minneapolis/St. Paul in the year 1998 would cost $87.22 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
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Buying power of $45.00 since 1998

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $45 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$45.001.87%
1999$46.423.16%
2000$48.354.16%
2001$50.173.76%
2002$51.051.76%
2003$51.941.73%
2004$53.412.85%
2005$54.892.77%
2006$55.771.61%
2007$57.212.57%
2008$59.403.83%
2009$59.10-0.51%
2010$60.191.85%
2011$62.353.59%
2012$63.812.33%
2013$65.041.94%
2014$65.951.40%
2015$65.54-0.62%
2016$66.561.55%
2017$68.012.18%
2018$69.642.40%
2019$71.102.10%
2020$71.921.16%
2021$75.404.84%
2022$81.027.45%
2023$83.212.71%
2024$85.242.44%
2025$87.222.32%*

* 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* $45 = $87.22

Therefore, according to U.S. Bureau of Labor Statistics, $45 in 1998 has the same "purchasing power" as $87.22 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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