Minneapolis/St. Paul, Minnesota prices:$701,000 in 2000$1,264,379.81 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2000-2025 ($701,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 80.37% higher in 2025 versus 2000 (a $563,379.81 difference in value).

Between 2000 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.39% per year. This rate of change indicates significant inflation. In other words, $701,000 in Minneapolis/St. Paul in the year 2000 would cost $1,264,379.81 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2000: Pricing changed by 4.16%, which is above the average yearly change in Minneapolis/St. Paul during the 2000-2025 time period. Compared to inflation for all items in 2000 (3.38%), inflation in Minneapolis/St. Paul was higher.

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 $701,000.00 since 2000

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $701,000 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$701,000.004.16%
2001$727,375.073.76%
2002$740,150.501.76%
2003$752,925.931.73%
2004$774,355.672.85%
2005$795,785.422.77%
2006$808,560.851.61%
2007$829,360.062.57%
2008$861,137.913.83%
2009$856,732.45-0.51%
2010$872,553.371.85%
2011$903,919.103.59%
2012$925,019.162.33%
2013$942,954.211.94%
2014$956,149.991.40%
2015$950,190.87-0.62%
2016$964,936.181.55%
2017$985,929.092.18%
2018$1,009,543.032.40%
2019$1,030,713.152.10%
2020$1,042,627.261.16%
2021$1,093,098.444.84%
2022$1,174,547.967.45%
2023$1,206,329.922.71%
2024$1,235,721.652.44%
2025$1,264,379.812.32%*

* 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 2000* 2000 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 170.100 in the year 2000 and 306.806 in 2025:

306.806 / 170.100* $701,000 = $1,264,379.81

Therefore, according to U.S. Bureau of Labor Statistics, $701,000 in 2000 has the same "purchasing power" as $1,264,379.81 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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