Minneapolis/St. Paul, Minnesota prices:$1,950 in 1987$5,360.86 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2025 ($1,950)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 174.92% higher in 2025 versus 1987 (a $3,410.86 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, $1,950 in Minneapolis/St. Paul in the year 1987 would cost $5,360.86 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 $1,950.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,950 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$1,950.002.95%
1988$2,047.855.02%
1989$2,131.724.10%
1990$2,219.094.10%
1991$2,278.492.68%
1992$2,358.873.53%
1993$2,432.263.11%
1994$2,509.143.16%
1995$2,568.552.37%
1996$2,654.173.33%
1997$2,715.322.30%
1998$2,765.991.87%
1999$2,853.363.16%
2000$2,972.184.16%
2001$3,084.013.76%
2002$3,138.171.76%
2003$3,192.341.73%
2004$3,283.202.85%
2005$3,374.062.77%
2006$3,428.231.61%
2007$3,516.412.57%
2008$3,651.153.83%
2009$3,632.47-0.51%
2010$3,699.551.85%
2011$3,832.543.59%
2012$3,922.002.33%
2013$3,998.041.94%
2014$4,053.991.40%
2015$4,028.72-0.62%
2016$4,091.241.55%
2017$4,180.252.18%
2018$4,280.372.40%
2019$4,370.132.10%
2020$4,420.651.16%
2021$4,634.644.84%
2022$4,979.987.45%
2023$5,114.732.71%
2024$5,239.352.44%
2025$5,360.862.32%*

* 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* $1,950 = $5,360.86

Therefore, according to U.S. Bureau of Labor Statistics, $1,950 in 1987 has the same "purchasing power" as $5,360.86 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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