Minneapolis/St. Paul, Minnesota prices:$120 in 2002$204.99 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 2002-2025 ($120)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 70.83% higher in 2025 versus 2002 (a $84.99 difference in value).

Between 2002 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.36% per year. This rate of change indicates significant inflation. In other words, $120 in Minneapolis/St. Paul in the year 2002 would cost $204.99 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2002: Pricing changed by 1.76%, which is below the average yearly change in Minneapolis/St. Paul during the 2002-2025 time period. Compared to inflation for all items in 2002 (1.59%), 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
Milk · Dental services · Rent of primary residence · Wireless telephone services · More

Buying power of $120.00 since 2002

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $120 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2002$120.001.76%
2003$122.071.73%
2004$125.552.85%
2005$129.022.77%
2006$131.091.61%
2007$134.462.57%
2008$139.623.83%
2009$138.90-0.51%
2010$141.471.85%
2011$146.553.59%
2012$149.972.33%
2013$152.881.94%
2014$155.021.40%
2015$154.05-0.62%
2016$156.441.55%
2017$159.852.18%
2018$163.682.40%
2019$167.112.10%
2020$169.041.16%
2021$177.224.84%
2022$190.437.45%
2023$195.582.71%
2024$200.352.44%
2025$204.992.32%*

* 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 2002* 2002 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 179.600 in the year 2002 and 306.806 in 2025:

306.806 / 179.600* $120 = $204.99

Therefore, according to U.S. Bureau of Labor Statistics, $120 in 2002 has the same "purchasing power" as $204.99 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.

» Read more about inflation and investment.