Minneapolis/St. Paul, Minnesota prices: $267,000 in 1995 $544,629.14 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2024 ($267,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 103.98% higher in 2024 versus 1995 (a $277,629.14 difference in value).

Between 1995 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.49% per year. This rate of change indicates significant inflation. In other words, $267,000 in Minneapolis/St. Paul in the year 1995 would cost $544,629.14 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% 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 1995-2024 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%).

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Buying power of $267,000.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $267,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$267,000.002.37%
1996$275,900.003.33%
1997$282,257.142.30%
1998$287,524.491.87%
1999$296,606.123.16%
2000$308,957.144.16%
2001$320,581.633.76%
2002$326,212.241.76%
2003$331,842.861.73%
2004$341,287.762.85%
2005$350,732.652.77%
2006$356,363.271.61%
2007$365,530.272.57%
2008$379,535.963.83%
2009$377,594.31-0.51%
2010$384,567.181.85%
2011$398,391.243.59%
2012$407,690.842.33%
2013$415,595.491.94%
2014$421,411.371.40%
2015$418,784.96-0.62%
2016$425,283.781.55%
2017$434,536.142.18%
2018$444,943.692.40%
2019$454,274.162.10%
2020$459,525.161.16%
2021$481,769.714.84%
2022$517,667.597.45%
2023$531,675.102.71%
2024$544,629.142.44%*

* 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:

Year19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1995 * 1995 USD value = 2024 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 299.852 in 2024:

299.852 / 147.000 * $267,000 = $544,629.14

Therefore, according to U.S. Bureau of Labor Statistics, $267,000 in 1995 has the same "purchasing power" as $544,629.14 in 2024 (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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