Minneapolis/St. Paul, Minnesota prices: $970,000 in 1986 $2,683,177.49 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1986-2026 ($970,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 176.62% higher in 2026 versus 1986 (a $1,713,177.49 difference in value).

Between 1986 and 2026: Minneapolis/St. Paul experienced an average inflation rate of 2.58% per year. This rate of change indicates significant inflation. In other words, $970,000 in Minneapolis/St. Paul in the year 1986 would cost $2,683,177.49 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1986: Pricing changed by 1.31%, which is below the average yearly change in Minneapolis/St. Paul during the 1986-2026 time period. Compared to inflation for all items in 1986 (1.90%), 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 $970,000.00 since 1986

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $970,000 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$970,000.001.31%
1987$998,634.692.95%
1988$1,048,745.395.02%
1989$1,091,697.424.10%
1990$1,136,439.114.10%
1991$1,166,863.472.68%
1992$1,208,025.833.53%
1993$1,245,608.863.11%
1994$1,284,981.553.16%
1995$1,315,405.902.37%
1996$1,359,252.773.33%
1997$1,390,571.962.30%
1998$1,416,522.141.87%
1999$1,461,263.843.16%
2000$1,522,112.554.16%
2001$1,579,381.923.76%
2002$1,607,121.771.76%
2003$1,634,861.621.73%
2004$1,681,392.992.85%
2005$1,727,924.352.77%
2006$1,755,664.211.61%
2007$1,800,826.482.57%
2008$1,869,827.123.83%
2009$1,860,261.35-0.51%
2010$1,894,614.021.85%
2011$1,962,719.833.59%
2012$2,008,535.332.33%
2013$2,047,478.511.94%
2014$2,076,131.091.40%
2015$2,063,191.79-0.62%
2016$2,095,208.951.55%
2017$2,140,791.792.18%
2018$2,192,065.772.40%
2019$2,238,033.392.10%
2020$2,263,903.041.16%
2021$2,373,493.364.84%
2022$2,550,348.347.45%
2023$2,619,357.932.71%
2024$2,683,177.492.44%
2025$2,683,177.490.00% **
2026$2,683,177.490.00% **

* 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:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852299.852299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1986 * 1986 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 108.400 in the year 1986 and 299.852 in 2026:

299.852 / 108.400 * $970,000 = $2,683,177.49

Therefore, according to U.S. Bureau of Labor Statistics, $970,000 in 1986 has the same "purchasing power" as $2,683,177.49 in 2026 (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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