Minneapolis/St. Paul, Minnesota prices:$420,000 in 1987$1,154,646.24 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2025 ($420,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 174.92% higher in 2025 versus 1987 (a $734,646.24 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, $420,000 in Minneapolis/St. Paul in the year 1987 would cost $1,154,646.24 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 $420,000.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $420,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$420,000.002.95%
1988$441,075.275.02%
1989$459,139.784.10%
1990$477,956.994.10%
1991$490,752.692.68%
1992$508,064.523.53%
1993$523,870.973.11%
1994$540,430.113.16%
1995$553,225.812.37%
1996$571,666.673.33%
1997$584,838.712.30%
1998$595,752.691.87%
1999$614,569.893.16%
2000$640,161.294.16%
2001$664,247.313.76%
2002$675,913.981.76%
2003$687,580.651.73%
2004$707,150.542.85%
2005$726,720.432.77%
2006$738,387.101.61%
2007$757,381.182.57%
2008$786,401.083.83%
2009$782,377.96-0.51%
2010$796,825.811.85%
2011$825,469.353.59%
2012$844,738.172.33%
2013$861,116.671.94%
2014$873,167.201.40%
2015$867,725.27-0.62%
2016$881,190.861.55%
2017$900,361.832.18%
2018$921,926.342.40%
2019$941,259.142.10%
2020$952,139.251.16%
2021$998,230.114.84%
2022$1,072,610.757.45%
2023$1,101,634.412.71%
2024$1,128,475.272.44%
2025$1,154,646.242.32%*

* 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* $420,000 = $1,154,646.24

Therefore, according to U.S. Bureau of Labor Statistics, $420,000 in 1987 has the same "purchasing power" as $1,154,646.24 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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