Minneapolis/St. Paul, Minnesota prices: $100 in 2005 $147.60 in 2022

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2005-2022 ($100)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 47.60% higher in 2022 versus 2005 (a $47.60 difference in value).

Between 2005 and 2022: Minneapolis/St. Paul experienced an average inflation rate of 2.32% per year. This rate of change indicates significant inflation. In other words, $100 in Minneapolis/St. Paul in the year 2005 would cost $147.60 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.41% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2005: Pricing changed by 2.77%, which is above the average yearly change in Minneapolis/St. Paul during the 2005-2022 time period. Compared to inflation for all items in 2005 (3.39%), 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%).

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Buying power of $100.00 since 2005

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $100 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2005$100.002.77%
2006$101.611.61%
2007$104.222.57%
2008$108.213.83%
2009$107.66-0.51%
2010$109.651.85%
2011$113.593.59%
2012$116.242.33%
2013$118.491.94%
2014$120.151.40%
2015$119.40-0.62%
2016$121.261.55%
2017$123.892.18%
2018$126.862.40%
2019$129.522.10%
2020$131.021.16%
2021$137.364.84%
2022$147.607.45%*

* 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:

Year198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2005 * 2005 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 193.100 in the year 2005 and 285.008 in 2022:

285.008 / 193.100 * $100 = $147.60

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2005 has the same "purchasing power" as $147.60 in 2022 (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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