Minneapolis/St. Paul, Minnesota prices:$23,035 in 2000$41,547.77 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2000-2025 ($23,035)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 80.37% higher in 2025 versus 2000 (a $18,512.77 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, $23,035 in Minneapolis/St. Paul in the year 2000 would cost $41,547.77 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%).

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Buying power of $23,035.00 since 2000

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $23,035 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$23,035.004.16%
2001$23,901.693.76%
2002$24,321.491.76%
2003$24,741.301.73%
2004$25,445.482.85%
2005$26,149.672.77%
2006$26,569.471.61%
2007$27,252.942.57%
2008$28,297.163.83%
2009$28,152.40-0.51%
2010$28,672.281.85%
2011$29,702.963.59%
2012$30,396.312.33%
2013$30,985.661.94%
2014$31,419.281.40%
2015$31,223.46-0.62%
2016$31,708.001.55%
2017$32,397.832.18%
2018$33,173.792.40%
2019$33,869.442.10%
2020$34,260.941.16%
2021$35,919.434.84%
2022$38,595.887.45%
2023$39,640.242.71%
2024$40,606.062.44%
2025$41,547.772.32%*

* 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* $23,035 = $41,547.77

Therefore, according to U.S. Bureau of Labor Statistics, $23,035 in 2000 has the same "purchasing power" as $41,547.77 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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