Minneapolis/St. Paul, Minnesota prices:$5.43 in 1987$14.59 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2026 ($5.43)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 168.68% higher in 2026 versus 1987 (a $9.16 difference in value).

Between 1987 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.57% per year. This rate of change indicates significant inflation. In other words, $5.43 in Minneapolis/St. Paul in the year 1987 would cost $14.59 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.72% 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 1987-2026 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 $5.43 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $5.43 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$5.432.95%
1988$5.705.02%
1989$5.944.10%
1990$6.184.10%
1991$6.342.68%
1992$6.573.53%
1993$6.773.11%
1994$6.993.16%
1995$7.152.37%
1996$7.393.33%
1997$7.562.30%
1998$7.701.87%
1999$7.953.16%
2000$8.284.16%
2001$8.593.76%
2002$8.741.76%
2003$8.891.73%
2004$9.142.85%
2005$9.402.77%
2006$9.551.61%
2007$9.792.57%
2008$10.173.83%
2009$10.12-0.51%
2010$10.301.85%
2011$10.673.59%
2012$10.922.33%
2013$11.131.94%
2014$11.291.40%
2015$11.22-0.62%
2016$11.391.55%
2017$11.642.18%
2018$11.922.40%
2019$12.172.10%
2020$12.311.16%
2021$12.914.84%
2022$13.877.45%
2023$14.242.71%
2024$14.592.44%
2025$14.590.00% **
2026$14.590.00% **

* 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:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852299.852299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1987* 1987 USD value = 2026 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 299.852 in 2026:

299.852 / 111.600* $5.43 = $14.59

Therefore, according to U.S. Bureau of Labor Statistics, $5.43 in 1987 has the same "purchasing power" as $14.59 in 2026 (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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