Minneapolis/St. Paul, Minnesota prices:$640,000 in 1987$1,759,460.93 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1987-2025 ($640,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 174.92% higher in 2025 versus 1987 (a $1,119,460.93 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, $640,000 in Minneapolis/St. Paul in the year 1987 would cost $1,759,460.93 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
Public transportation · Educational books and supplies · San Francisco, California · Bananas · More

Buying power of $640,000.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $640,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$640,000.002.95%
1988$672,114.705.02%
1989$699,641.584.10%
1990$728,315.414.10%
1991$747,813.622.68%
1992$774,193.553.53%
1993$798,279.573.11%
1994$823,512.543.16%
1995$843,010.752.37%
1996$871,111.113.33%
1997$891,182.802.30%
1998$907,813.621.87%
1999$936,487.463.16%
2000$975,483.874.16%
2001$1,012,186.383.76%
2002$1,029,964.161.76%
2003$1,047,741.941.73%
2004$1,077,562.722.85%
2005$1,107,383.512.77%
2006$1,125,161.291.61%
2007$1,154,104.662.57%
2008$1,198,325.453.83%
2009$1,192,194.98-0.51%
2010$1,214,210.751.85%
2011$1,257,858.063.59%
2012$1,287,220.072.33%
2013$1,312,177.781.94%
2014$1,330,540.501.40%
2015$1,322,248.03-0.62%
2016$1,342,767.031.55%
2017$1,371,979.932.18%
2018$1,404,840.142.40%
2019$1,434,299.642.10%
2020$1,450,878.851.16%
2021$1,521,112.544.84%
2022$1,634,454.487.45%
2023$1,678,681.002.71%
2024$1,719,581.362.44%
2025$1,759,460.932.32%*

* 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* $640,000 = $1,759,460.93

Therefore, according to U.S. Bureau of Labor Statistics, $640,000 in 1987 has the same "purchasing power" as $1,759,460.93 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.

» Read more about inflation and investment.