Minneapolis/St. Paul, Minnesota prices:$8,400 in 2003$14,106.02 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2003-2025 ($8,400)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 67.93% higher in 2025 versus 2003 (a $5,706.02 difference in value).

Between 2003 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.38% per year. This rate of change indicates significant inflation. In other words, $8,400 in Minneapolis/St. Paul in the year 2003 would cost $14,106.02 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.58% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2003: Pricing changed by 1.73%, which is below the average yearly change in Minneapolis/St. Paul during the 2003-2025 time period. Compared to inflation for all items in 2003 (2.27%), inflation in Minneapolis/St. Paul was lower.

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 $8,400.00 since 2003

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $8,400 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$8,400.001.73%
2004$8,639.082.85%
2005$8,878.162.77%
2006$9,020.691.61%
2007$9,252.742.57%
2008$9,607.263.83%
2009$9,558.11-0.51%
2010$9,734.621.85%
2011$10,084.553.59%
2012$10,319.952.33%
2013$10,520.051.94%
2014$10,667.261.40%
2015$10,600.78-0.62%
2016$10,765.291.55%
2017$10,999.492.18%
2018$11,262.942.40%
2019$11,499.132.10%
2020$11,632.051.16%
2021$12,195.134.84%
2022$13,103.827.45%
2023$13,458.392.71%
2024$13,786.302.44%
2025$14,106.022.32%*

* 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 2003* 2003 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 182.700 in the year 2003 and 306.806 in 2025:

306.806 / 182.700* $8,400 = $14,106.02

Therefore, according to U.S. Bureau of Labor Statistics, $8,400 in 2003 has the same "purchasing power" as $14,106.02 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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