Minneapolis/St. Paul, Minnesota prices:$1,338,198 in 1987$3,678,917.34 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2025 ($1,338,198)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 174.92% higher in 2025 versus 1987 (a $2,340,719.34 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, $1,338,198 in Minneapolis/St. Paul in the year 1987 would cost $3,678,917.34 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 $1,338,198.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,338,198 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$1,338,198.002.95%
1988$1,405,347.725.02%
1989$1,462,904.624.10%
1990$1,522,859.734.10%
1991$1,563,629.202.68%
1992$1,618,787.903.53%
1993$1,669,150.193.11%
1994$1,721,910.693.16%
1995$1,762,680.162.37%
1996$1,821,436.173.33%
1997$1,863,404.742.30%
1998$1,898,178.701.87%
1999$1,958,133.813.16%
2000$2,039,672.764.16%
2001$2,116,415.303.76%
2002$2,153,587.461.76%
2003$2,190,759.631.73%
2004$2,253,112.942.85%
2005$2,315,466.252.77%
2006$2,352,638.421.61%
2007$2,413,157.102.57%
2008$2,505,619.873.83%
2009$2,492,801.47-0.51%
2010$2,538,835.001.85%
2011$2,630,098.673.59%
2012$2,691,492.702.33%
2013$2,743,677.621.94%
2014$2,782,072.871.40%
2015$2,764,733.86-0.62%
2016$2,807,637.731.55%
2017$2,868,719.992.18%
2018$2,937,428.552.40%
2019$2,999,026.422.10%
2020$3,033,692.471.16%
2021$3,180,546.514.84%
2022$3,417,537.067.45%
2023$3,510,011.822.71%
2024$3,595,531.782.44%
2025$3,678,917.342.32%*

* 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* $1,338,198 = $3,678,917.34

Therefore, according to U.S. Bureau of Labor Statistics, $1,338,198 in 1987 has the same "purchasing power" as $3,678,917.34 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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