Electricity Inflation in Minnesota

Electricity prices in Minnesota have changed over time. This page summarizes historical price movement, current rate context, and how Minnesota compares to national trends.

Current Electricity Price

The average residential electricity rate in Minnesota is 16.04¢/kWh. At 900 kWh per month, that translates to an estimated bill of about $144.36.

See electricity cost in Minnesota and average electricity bill in Minnesota for more context.

Electricity Price Trend

Historical electricity price movement in Minnesota:

• 1-year change: +6.1%
• 5-year change: +18.7%
• 5-year annualized: +3.50% per year

Price momentum: accelerating.

Full price history in Minnesota — rate series, trends, and inflation metrics.

Rankings

Minnesota appears in several electricity price rankings. See where Minnesota ranks for price growth, volatility, and long-term trends:

• 1-Year Electricity Inflation — States ranked by 1-year price increase
• 5-Year Electricity Inflation — States ranked by 5-year price increase
• 25-Year Rate Growth (CAGR) — Long-term compound annual growth
• 5-Year Rate Volatility — Price stability over time
• Electricity Price Trend — States where prices are rising fastest

Related Pages

• Electricity cost in Minnesota
• Average electricity bill in Minnesota
• Electricity cost calculator for Minnesota
• Electricity price history in Minnesota

National Context

Explore national electricity inflation trends and how all states compare:

• Electricity Inflation in the United States — National hub for electricity price growth
• Electricity Trends — National price trends and affordability
• Electricity Insights — Most expensive and cheapest states

Explore more

• Electricity inflation hub
• Electricity affordability analysis
• Price history in Minnesota
• Electricity cost in Minnesota
• 1-year inflation ranking
• 5-year inflation ranking
• Inflation methodology