Minneapolis/St. Paul, Minnesota prices:$23,035 in 1990$55,647.84 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2025 ($23,035)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 141.58% higher in 2025 versus 1990 (a $32,612.84 difference in value).

Between 1990 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.55% per year. This rate of change indicates significant inflation. In other words, $23,035 in Minneapolis/St. Paul in the year 1990 would cost $55,647.84 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.61% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1990: Pricing changed by 4.10%, which is above the average yearly change in Minneapolis/St. Paul during the 1990-2025 time period. Compared to inflation for all items in 1990 (5.40%), 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 $23,035.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $23,035 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$23,035.004.10%
1991$23,651.692.68%
1992$24,486.023.53%
1993$25,247.813.11%
1994$26,045.873.16%
1995$26,662.562.37%
1996$27,551.313.33%
1997$28,186.132.30%
1998$28,712.131.87%
1999$29,619.023.16%
2000$30,852.394.16%
2001$32,013.213.76%
2002$32,575.481.76%
2003$33,137.751.73%
2004$34,080.922.85%
2005$35,024.082.77%
2006$35,586.351.61%
2007$36,501.772.57%
2008$37,900.373.83%
2009$37,706.48-0.51%
2010$38,402.791.85%
2011$39,783.263.59%
2012$40,711.912.33%
2013$41,501.271.94%
2014$42,082.041.40%
2015$41,819.77-0.62%
2016$42,468.741.55%
2017$43,392.682.18%
2018$44,431.982.40%
2019$45,363.712.10%
2020$45,888.081.16%
2021$48,109.414.84%
2022$51,694.177.45%
2023$53,092.952.71%
2024$54,386.542.44%
2025$55,647.842.32%*

* 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 1990* 1990 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 127.000 in the year 1990 and 306.806 in 2025:

306.806 / 127.000* $23,035 = $55,647.84

Therefore, according to U.S. Bureau of Labor Statistics, $23,035 in 1990 has the same "purchasing power" as $55,647.84 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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