Minneapolis/St. Paul, Minnesota prices: $95,000 in 1999 $174,439.31 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1999-2024 ($95,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 83.62% higher in 2024 versus 1999 (a $79,439.31 difference in value).

Between 1999 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.46% per year. This rate of change indicates significant inflation. In other words, $95,000 in Minneapolis/St. Paul in the year 1999 would cost $174,439.31 in 2024 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 1999: Pricing changed by 3.16%, which is above the average yearly change in Minneapolis/St. Paul during the 1999-2024 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
Fresh fruits · Alcoholic beverages · Wireless telephone services · Gasoline (all types) · More

Buying power of $95,000.00 since 1999

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $95,000 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$95,000.003.16%
2000$98,955.914.16%
2001$102,679.123.76%
2002$104,482.551.76%
2003$106,285.981.73%
2004$109,311.082.85%
2005$112,336.192.77%
2006$114,139.621.61%
2007$117,075.722.57%
2008$121,561.603.83%
2009$120,939.71-0.51%
2010$123,173.061.85%
2011$127,600.773.59%
2012$130,579.332.33%
2013$133,111.111.94%
2014$134,973.881.40%
2015$134,132.67-0.62%
2016$136,214.181.55%
2017$139,177.622.18%
2018$142,511.052.40%
2019$145,499.512.10%
2020$147,181.351.16%
2021$154,306.064.84%
2022$165,803.807.45%
2023$170,290.262.71%
2024$174,439.312.44%*

* 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:

Year19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1999 * 1999 USD value = 2024 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 299.852 in 2024:

299.852 / 163.300 * $95,000 = $174,439.31

Therefore, according to U.S. Bureau of Labor Statistics, $95,000 in 1999 has the same "purchasing power" as $174,439.31 in 2024 (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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