Minneapolis/St. Paul, Minnesota prices:$18,000 in 1987$49,484.84 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2025 ($18,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 174.92% higher in 2025 versus 1987 (a $31,484.84 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, $18,000 in Minneapolis/St. Paul in the year 1987 would cost $49,484.84 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
Gasoline (all types) · Wine at home · Detroit, Michigan · Admission to sporting events · More

Buying power of $18,000.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $18,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$18,000.002.95%
1988$18,903.235.02%
1989$19,677.424.10%
1990$20,483.874.10%
1991$21,032.262.68%
1992$21,774.193.53%
1993$22,451.613.11%
1994$23,161.293.16%
1995$23,709.682.37%
1996$24,500.003.33%
1997$25,064.522.30%
1998$25,532.261.87%
1999$26,338.713.16%
2000$27,435.484.16%
2001$28,467.743.76%
2002$28,967.741.76%
2003$29,467.741.73%
2004$30,306.452.85%
2005$31,145.162.77%
2006$31,645.161.61%
2007$32,459.192.57%
2008$33,702.903.83%
2009$33,530.48-0.51%
2010$34,149.681.85%
2011$35,377.263.59%
2012$36,203.062.33%
2013$36,905.001.94%
2014$37,421.451.40%
2015$37,188.23-0.62%
2016$37,765.321.55%
2017$38,586.942.18%
2018$39,511.132.40%
2019$40,339.682.10%
2020$40,805.971.16%
2021$42,781.294.84%
2022$45,969.037.45%
2023$47,212.902.71%
2024$48,363.232.44%
2025$49,484.842.32%*

* 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* $18,000 = $49,484.84

Therefore, according to U.S. Bureau of Labor Statistics, $18,000 in 1987 has the same "purchasing power" as $49,484.84 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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