Minneapolis/St. Paul, Minnesota prices:$97,000 in 2004$158,383.09 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2004-2025 ($97,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 63.28% higher in 2025 versus 2004 (a $61,383.09 difference in value).

Between 2004 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, $97,000 in Minneapolis/St. Paul in the year 2004 would cost $158,383.09 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 2004: Pricing changed by 2.85%, which is above the average yearly change in Minneapolis/St. Paul during the 2004-2025 time period. Compared to inflation for all items in 2004 (2.68%), 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 $97,000.00 since 2004

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $97,000 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2004$97,000.002.85%
2005$99,684.412.77%
2006$101,284.731.61%
2007$103,890.152.57%
2008$107,870.813.83%
2009$107,318.96-0.51%
2010$109,300.781.85%
2011$113,229.823.59%
2012$115,872.932.33%
2013$118,119.571.94%
2014$119,772.541.40%
2015$119,026.07-0.62%
2016$120,873.151.55%
2017$123,502.842.18%
2018$126,460.852.40%
2019$129,112.732.10%
2020$130,605.161.16%
2021$136,927.454.84%
2022$147,130.267.45%
2023$151,111.442.71%
2024$154,793.212.44%
2025$158,383.092.32%*

* 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 2004* 2004 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 187.900 in the year 2004 and 306.806 in 2025:

306.806 / 187.900* $97,000 = $158,383.09

Therefore, according to U.S. Bureau of Labor Statistics, $97,000 in 2004 has the same "purchasing power" as $158,383.09 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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