Minneapolis/St. Paul, Minnesota prices:$34,462 in 2000$62,158.43 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2000-2025 ($34,462)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 80.37% higher in 2025 versus 2000 (a $27,696.43 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, $34,462 in Minneapolis/St. Paul in the year 2000 would cost $62,158.43 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 $34,462.00 since 2000

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $34,462 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$34,462.004.16%
2001$35,758.633.76%
2002$36,386.691.76%
2003$37,014.741.73%
2004$38,068.252.85%
2005$39,121.762.77%
2006$39,749.821.61%
2007$40,772.332.57%
2008$42,334.573.83%
2009$42,117.99-0.51%
2010$42,895.771.85%
2011$44,437.753.59%
2012$45,475.052.33%
2013$46,356.761.94%
2014$47,005.481.40%
2015$46,712.52-0.62%
2016$47,437.421.55%
2017$48,469.462.18%
2018$49,630.342.40%
2019$50,671.092.10%
2020$51,256.811.16%
2021$53,738.034.84%
2022$57,742.197.45%
2023$59,304.622.71%
2024$60,749.562.44%
2025$62,158.432.32%*

* 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* $34,462 = $62,158.43

Therefore, according to U.S. Bureau of Labor Statistics, $34,462 in 2000 has the same "purchasing power" as $62,158.43 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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