Minneapolis/St. Paul, Minnesota prices:$21,950 in 2000$39,590.78 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2000-2025 ($21,950)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 80.37% higher in 2025 versus 2000 (a $17,640.78 difference in value).

Between 2000 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.39% per year. This rate of change indicates significant inflation. In other words, $21,950 in Minneapolis/St. Paul in the year 2000 would cost $39,590.78 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2000: Pricing changed by 4.16%, which is above the average yearly change in Minneapolis/St. Paul during the 2000-2025 time period. Compared to inflation for all items in 2000 (3.38%), 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 $21,950.00 since 2000

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $21,950 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$21,950.004.16%
2001$22,775.873.76%
2002$23,175.901.76%
2003$23,575.931.73%
2004$24,246.942.85%
2005$24,917.962.77%
2006$25,317.991.61%
2007$25,969.262.57%
2008$26,964.303.83%
2009$26,826.36-0.51%
2010$27,321.751.85%
2011$28,303.893.59%
2012$28,964.582.33%
2013$29,526.171.94%
2014$29,939.361.40%
2015$29,752.77-0.62%
2016$30,214.481.55%
2017$30,871.822.18%
2018$31,611.232.40%
2019$32,274.112.10%
2020$32,647.171.16%
2021$34,227.554.84%
2022$36,777.937.45%
2023$37,773.102.71%
2024$38,693.422.44%
2025$39,590.782.32%*

* 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 2000* 2000 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 170.100 in the year 2000 and 306.806 in 2025:

306.806 / 170.100* $21,950 = $39,590.78

Therefore, according to U.S. Bureau of Labor Statistics, $21,950 in 2000 has the same "purchasing power" as $39,590.78 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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