Minneapolis/St. Paul, Minnesota prices:$19,971 in 1995$41,681.79 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2025 ($19,971)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 108.71% higher in 2025 versus 1995 (a $21,710.79 difference in value).

Between 1995 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.48% per year. This rate of change indicates significant inflation. In other words, $19,971 in Minneapolis/St. Paul in the year 1995 would cost $41,681.79 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1995: Pricing changed by 2.37%, which is below the average yearly change in Minneapolis/St. Paul during the 1995-2025 time period. Compared to inflation for all items in 1995 (2.81%), 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 $19,971.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $19,971 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$19,971.002.37%
1996$20,636.703.33%
1997$21,112.202.30%
1998$21,506.191.87%
1999$22,185.473.16%
2000$23,109.304.16%
2001$23,978.793.76%
2002$24,399.941.76%
2003$24,821.101.73%
2004$25,527.562.85%
2005$26,234.012.77%
2006$26,655.171.61%
2007$27,340.842.57%
2008$28,388.443.83%
2009$28,243.21-0.51%
2010$28,764.761.85%
2011$29,798.773.59%
2012$30,494.362.33%
2013$31,085.611.94%
2014$31,520.621.40%
2015$31,324.17-0.62%
2016$31,810.271.55%
2017$32,502.332.18%
2018$33,280.792.40%
2019$33,978.692.10%
2020$34,371.451.16%
2021$36,035.294.84%
2022$38,720.377.45%
2023$39,768.102.71%
2024$40,737.042.44%
2025$41,681.792.32%*

* 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 1995* 1995 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 147.000 in the year 1995 and 306.806 in 2025:

306.806 / 147.000* $19,971 = $41,681.79

Therefore, according to U.S. Bureau of Labor Statistics, $19,971 in 1995 has the same "purchasing power" as $41,681.79 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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