Minneapolis/St. Paul, Minnesota prices:$48,000 in 1999$90,181.80 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1999-2025 ($48,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 87.88% higher in 2025 versus 1999 (a $42,181.80 difference in value).

Between 1999 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.46% per year. This rate of change indicates significant inflation. In other words, $48,000 in Minneapolis/St. Paul in the year 1999 would cost $90,181.80 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1999: Pricing changed by 3.16%, which is above the average yearly change in Minneapolis/St. Paul during the 1999-2025 time period. Compared to inflation for all items in 1999 (2.19%), 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
Film and photographic supplies · Public transportation · Phoenix, Arizona · College tuition and fees · More

Buying power of $48,000.00 since 1999

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $48,000 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$48,000.003.16%
2000$49,998.784.16%
2001$51,879.983.76%
2002$52,791.181.76%
2003$53,702.391.73%
2004$55,230.862.85%
2005$56,759.342.77%
2006$57,670.551.61%
2007$59,154.052.57%
2008$61,420.603.83%
2009$61,106.38-0.51%
2010$62,234.811.85%
2011$64,471.973.59%
2012$65,976.932.33%
2013$67,256.141.94%
2014$68,197.331.40%
2015$67,772.30-0.62%
2016$68,824.001.55%
2017$70,321.322.18%
2018$72,005.582.40%
2019$73,515.542.10%
2020$74,365.321.16%
2021$77,965.174.84%
2022$83,774.557.45%
2023$86,041.402.71%
2024$88,137.762.44%
2025$90,181.802.32%*

* 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 1999* 1999 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 163.300 in the year 1999 and 306.806 in 2025:

306.806 / 163.300* $48,000 = $90,181.80

Therefore, according to U.S. Bureau of Labor Statistics, $48,000 in 1999 has the same "purchasing power" as $90,181.80 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.