Minneapolis/St. Paul, Minnesota prices:$11,000 in 1987$30,240.73 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2025 ($11,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 174.92% higher in 2025 versus 1987 (a $19,240.73 difference in value).

Between 1987 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.70% per year. This rate of change indicates significant inflation. In other words, $11,000 in Minneapolis/St. Paul in the year 1987 would cost $30,240.73 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1987: Pricing changed by 2.95%, which is above the average yearly change in Minneapolis/St. Paul during the 1987-2025 time period. Compared to inflation for all items in 1987 (3.66%), 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%).

View price changes for other categories
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Buying power of $11,000.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $11,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$11,000.002.95%
1988$11,551.975.02%
1989$12,025.094.10%
1990$12,517.924.10%
1991$12,853.052.68%
1992$13,306.453.53%
1993$13,720.433.11%
1994$14,154.123.16%
1995$14,489.252.37%
1996$14,972.223.33%
1997$15,317.202.30%
1998$15,603.051.87%
1999$16,095.883.16%
2000$16,766.134.16%
2001$17,396.953.76%
2002$17,702.511.76%
2003$18,008.061.73%
2004$18,520.612.85%
2005$19,033.152.77%
2006$19,338.711.61%
2007$19,836.172.57%
2008$20,596.223.83%
2009$20,490.85-0.51%
2010$20,869.251.85%
2011$21,619.443.59%
2012$22,124.092.33%
2013$22,553.061.94%
2014$22,868.661.40%
2015$22,726.14-0.62%
2016$23,078.811.55%
2017$23,580.912.18%
2018$24,145.692.40%
2019$24,652.032.10%
2020$24,936.981.16%
2021$26,144.124.84%
2022$28,092.197.45%
2023$28,852.332.71%
2024$29,555.302.44%
2025$30,240.732.32%*

* 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 1987* 1987 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 111.600 in the year 1987 and 306.806 in 2025:

306.806 / 111.600* $11,000 = $30,240.73

Therefore, according to U.S. Bureau of Labor Statistics, $11,000 in 1987 has the same "purchasing power" as $30,240.73 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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