Minneapolis/St. Paul, Minnesota prices: $61,000 in 1987 $163,897.60 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2026 ($61,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 168.68% higher in 2026 versus 1987 (a $102,897.60 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, $61,000 in Minneapolis/St. Paul in the year 1987 would cost $163,897.60 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 $61,000.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $61,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$61,000.002.95%
1988$64,060.935.02%
1989$66,684.594.10%
1990$69,417.564.10%
1991$71,275.992.68%
1992$73,790.323.53%
1993$76,086.023.11%
1994$78,491.043.16%
1995$80,349.462.37%
1996$83,027.783.33%
1997$84,940.862.30%
1998$86,525.991.87%
1999$89,258.963.16%
2000$92,975.814.16%
2001$96,474.013.76%
2002$98,168.461.76%
2003$99,862.901.73%
2004$102,705.202.85%
2005$105,547.492.77%
2006$107,241.941.61%
2007$110,000.602.57%
2008$114,215.393.83%
2009$113,631.08-0.51%
2010$115,729.461.85%
2011$119,889.603.59%
2012$122,688.162.33%
2013$125,066.941.94%
2014$126,817.141.40%
2015$126,026.77-0.62%
2016$127,982.481.55%
2017$130,766.842.18%
2018$133,898.832.40%
2019$136,706.682.10%
2020$138,286.891.16%
2021$144,981.044.84%
2022$155,783.947.45%
2023$159,999.282.71%
2024$163,897.602.44%
2025$163,897.600.00% **
2026$163,897.600.00% **

* 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 * $61,000 = $163,897.60

Therefore, according to U.S. Bureau of Labor Statistics, $61,000 in 1987 has the same "purchasing power" as $163,897.60 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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