Minneapolis/St. Paul, Minnesota prices:$840 in 2020→$1,018.66 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2020-2025 ($840)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 21.27% higher in 2025 versus 2020 (a $178.66 difference in value).

Between 2020 and 2025, Minneapolis/St. Paul experienced an average inflation rate of 3.93% per year. This rate of change indicates significant inflation. In other words, $840 in Minneapolis/St. Paul in the year 2020 would cost $1,018.66 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 4.48% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2020: Pricing changed by 1.16%, which is below the average yearly change in Minneapolis/St. Paul during the 2020-2025 time period. Compared to inflation for all items in 2020 (1.23%), 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%).

The official rate is based on an average household's spending, so your own inflation rate is probably different. The personal inflation calculator works it out from your budget.

View price changes for other categories
Electricity · Admission to sporting events · Gasoline (all types) · Hospital services · More

Buying power of $840.00 since 2020

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $840 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2020$840.001.16%
2021$880.664.84%
2022$946.287.45%
2023$971.892.71%
2024$995.572.44%
2025$1,018.662.32%*

* 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 2020* 2020 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 252.997 in the year 2020 and 306.806 in 2025:

306.806 / 252.997* $840 = $1,018.66

Therefore, according to U.S. Bureau of Labor Statistics, $840 in 2020 has the same "purchasing power" as $1,018.66 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.