Minneapolis/St. Paul, Minnesota prices:$950,000 in 2007$1,448,298.36 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2007-2025 ($950,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 52.45% higher in 2025 versus 2007 (a $498,298.36 difference in value).

Between 2007 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.37% per year. This rate of change indicates significant inflation. In other words, $950,000 in Minneapolis/St. Paul in the year 2007 would cost $1,448,298.36 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2007: Pricing changed by 2.57%, which is above the average yearly change in Minneapolis/St. Paul during the 2007-2025 time period. Compared to inflation for all items in 2007 (2.85%), 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
Rent of primary residence · Jewelry · Admission to sporting events · Milk · More

Buying power of $950,000.00 since 2007

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $950,000 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2007$950,000.002.57%
2008$986,400.293.83%
2009$981,354.01-0.51%
2010$999,476.271.85%
2011$1,035,404.503.59%
2012$1,059,573.812.33%
2013$1,080,117.721.94%
2014$1,095,232.971.40%
2015$1,088,407.03-0.62%
2016$1,105,297.221.55%
2017$1,129,343.792.18%
2018$1,156,392.642.40%
2019$1,180,642.202.10%
2020$1,194,289.361.16%
2021$1,252,102.144.84%
2022$1,345,399.437.45%
2023$1,381,804.452.71%
2024$1,415,471.532.44%
2025$1,448,298.362.32%*

* 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 2007* 2007 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 201.247 in the year 2007 and 306.806 in 2025:

306.806 / 201.247* $950,000 = $1,448,298.36

Therefore, according to U.S. Bureau of Labor Statistics, $950,000 in 2007 has the same "purchasing power" as $1,448,298.36 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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