Minneapolis/St. Paul, Minnesota prices:$63 in 1998$122.10 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1998-2025 ($63)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 93.81% higher in 2025 versus 1998 (a $59.10 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, $63 in Minneapolis/St. Paul in the year 1998 would cost $122.10 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 $63.00 since 1998

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $63 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$63.001.87%
1999$64.993.16%
2000$67.704.16%
2001$70.243.76%
2002$71.481.76%
2003$72.711.73%
2004$74.782.85%
2005$76.852.77%
2006$78.081.61%
2007$80.092.57%
2008$83.163.83%
2009$82.74-0.51%
2010$84.261.85%
2011$87.293.59%
2012$89.332.33%
2013$91.061.94%
2014$92.341.40%
2015$91.76-0.62%
2016$93.181.55%
2017$95.212.18%
2018$97.492.40%
2019$99.542.10%
2020$100.691.16%
2021$105.564.84%
2022$113.437.45%
2023$116.502.71%
2024$119.332.44%
2025$122.102.32%*

* 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* $63 = $122.10

Therefore, according to U.S. Bureau of Labor Statistics, $63 in 1998 has the same "purchasing power" as $122.10 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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