Minneapolis/St. Paul, Minnesota prices:$5,840,000 in 1987$16,055,081 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2025 ($5,840,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 174.92% higher in 2025 versus 1987 (a $10,215,081 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, $5,840,000 in Minneapolis/St. Paul in the year 1987 would cost $16,055,081 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 $5,840,000.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $5,840,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$5,840,000.002.95%
1988$6,133,046.595.02%
1989$6,384,229.394.10%
1990$6,645,878.144.10%
1991$6,823,799.282.68%
1992$7,064,516.133.53%
1993$7,284,301.083.11%
1994$7,514,551.973.16%
1995$7,692,473.122.37%
1996$7,948,888.893.33%
1997$8,132,043.012.30%
1998$8,283,799.281.87%
1999$8,545,448.033.16%
2000$8,901,290.324.16%
2001$9,236,200.723.76%
2002$9,398,422.941.76%
2003$9,560,645.161.73%
2004$9,832,759.862.85%
2005$10,104,874.552.77%
2006$10,267,096.771.61%
2007$10,531,205.022.57%
2008$10,934,719.713.83%
2009$10,878,779.21-0.51%
2010$11,079,673.121.85%
2011$11,477,954.843.59%
2012$11,745,883.152.33%
2013$11,973,622.221.94%
2014$12,141,182.081.40%
2015$12,065,513.26-0.62%
2016$12,252,749.101.55%
2017$12,519,316.852.18%
2018$12,819,166.312.40%
2019$13,087,984.232.10%
2020$13,239,269.531.16%
2021$13,880,151.974.84%
2022$14,914,397.137.45%
2023$15,317,964.162.71%
2024$15,691,179.932.44%
2025$16,055,081.002.32%*

* 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* $5,840,000 = $16,055,081

Therefore, according to U.S. Bureau of Labor Statistics, $5,840,000 in 1987 has the same "purchasing power" as $16,055,081 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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