Minneapolis/St. Paul, Minnesota prices:$2,054 in 2001→$3,570.42 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2001-2025 ($2,054)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 73.83% higher in 2025 versus 2001 (a $1,516.42 difference in value).

Between 2001 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.33% per year. This rate of change indicates significant inflation. In other words, $2,054 in Minneapolis/St. Paul in the year 2001 would cost $3,570.42 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2001: Pricing changed by 3.76%, which is above the average yearly change in Minneapolis/St. Paul during the 2001-2025 time period. Compared to inflation for all items in 2001 (2.83%), 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 $2,054.00 since 2001

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $2,054 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2001$2,054.003.76%
2002$2,090.081.76%
2003$2,126.151.73%
2004$2,186.672.85%
2005$2,247.182.77%
2006$2,283.261.61%
2007$2,341.992.57%
2008$2,431.733.83%
2009$2,419.29-0.51%
2010$2,463.961.85%
2011$2,552.533.59%
2012$2,612.122.33%
2013$2,662.761.94%
2014$2,700.031.40%
2015$2,683.20-0.62%
2016$2,724.841.55%
2017$2,784.122.18%
2018$2,850.802.40%
2019$2,910.582.10%
2020$2,944.231.16%
2021$3,086.754.84%
2022$3,316.757.45%
2023$3,406.502.71%
2024$3,489.502.44%
2025$3,570.422.32%*

* 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 2001* 2001 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 176.500 in the year 2001 and 306.806 in 2025:

306.806 / 176.500* $2,054 = $3,570.42

Therefore, according to U.S. Bureau of Labor Statistics, $2,054 in 2001 has the same "purchasing power" as $3,570.42 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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