MN!INCOME=SAINC1(27) / RPP
Minnesota: income, population and prices
Personal income is everything residents receive: wages, business and property income, and government benefits. Divided by population it gives income per person; regional price parities show how far a dollar goes in Minnesota.
BEA SAINC1 · SARPP · SARPI
Income per person, 2025$78,197#17 of 51 · 102% of US
Price-adjusted, 2024 (2017 $)$62,039#14 of 51
Price level, 2024 (US = 100)98.6#22 of 51 · #1 = most expensive
Housing costs, 2024 (US = 100)91.3#23 of 51
MinnesotaUnited States
| Year | Personal income | Population | Per person | vs US | Real per person | Price level | |
|---|---|---|---|---|---|---|---|
| 2025 | $455.9B | 5,830,405 | $78,197 | 102% | — | — | |
| 2024 | $435.0B | 5,797,405 | $75,040 | 102% | $62,039 | 98.6 | |
| 2023 | $417.5B | 5,752,998 | $72,565 | 103% | $61,394 | 98.3 | |
| 2022 | $397.9B | 5,727,565 | $69,471 | 105% | $61,533 | 97.5 | |
| 2021 | $387.1B | 5,714,055 | $67,743 | 105% | $63,244 | 98.4 | |
| 2020 | $350.4B | 5,710,562 | $61,358 | 104% | $60,139 | 97.8 | |
| 2019 | $329.2B | 5,686,910 | $57,889 | 104% | $56,749 | 98.8 | |
| 2018 | $317.5B | 5,650,556 | $56,186 | 105% | $55,408 | 99.6 | |
| 2017 | $301.7B | 5,606,013 | $53,812 | 106% | $55,771 | 96.7 | |
| 2016 | $288.8B | 5,557,028 | $51,966 | 106% | $54,535 | 97.2 | |
| 2015 | $282.9B | 5,510,593 | $51,336 | 107% | $54,124 | 97.7 | |
| 2014 | $270.0B | 5,474,193 | $49,330 | 107% | $51,761 | 98.3 | |
| 2013 | $257.4B | 5,431,187 | $47,399 | 107% | $50,857 | 97.5 | |
| 2012 | $255.4B | 5,388,902 | $47,385 | 107% | $51,554 | 97.4 | |
| 2011 | $241.5B | 5,352,946 | $45,118 | 106% | $50,086 | 97.2 | |
| 2010 | $225.9B | 5,312,197 | $42,530 | 105% | $48,225 | 97.6 | |
| 2009 | $216.3B | 5,281,203 | $40,962 | 104% | $46,732 | 98.7 | |
| 2008 | $225.5B | 5,247,018 | $42,983 | 105% | $49,842 | 96.8 | |
| 2007 | $215.2B | 5,207,203 | $41,325 | 104% | — | — | |
| 2006 | $203.2B | 5,163,555 | $39,362 | 104% | — | — | |
| 2005 | $193.6B | 5,119,598 | $37,812 | 106% | — | — | |
| 2004 | $188.7B | 5,087,713 | $37,084 | 108% | — | — | |
| 2003 | $177.9B | 5,053,572 | $35,195 | 108% | — | — | |
| 2002 | $170.1B | 5,018,935 | $33,889 | 107% | — | — | |
| 2001 | $166.5B | 4,982,796 | $33,417 | 106% | — | — | |
| 2000 | $159.6B | 4,933,692 | $32,348 | 106% | — | — | |
| 1999 | $147.4B | 4,873,481 | $30,240 | 106% | — | — | |
| 1998 | $140.3B | 4,813,412 | $29,141 | 106% | — | — | |
| 1997 | $128.9B | 4,763,390 | $27,067 | 104% | — | — | |
| 1996 | $122.0B | 4,712,827 | $25,878 | 105% | — | — | |
| 1995 | $113.2B | 4,660,180 | $24,283 | 103% | — | — | |
| 1994 | $107.0B | 4,610,355 | $23,211 | 103% | — | — | |
| 1993 | $99.9B | 4,555,954 | $21,921 | 101% | — | — | |
| 1992 | $96.9B | 4,495,572 | $21,562 | 102% | — | — | |
| 1991 | $90.3B | 4,440,859 | $20,337 | 101% | — | — | |
| 1990 | $87.5B | 4,389,857 | $19,929 | 102% | — | — |
BEA: personal income and population (SAINC1), real personal income (SARPI, constant 2017 dollars), regional price parities (SARPP, US = 100).
What prices are made of, 2024
Regional price parities by component: 100 is the national average, 110 means 10% more expensive.
Goods100.5+0.5 vs US2008–2024
Housing (rents)91.3−8.7 vs US2008–2024
Utilities90.8−9.2 vs US2008–2024
Other services100.2+0.2 vs US2008–2024