Minneapolis/St. Paul, Minnesota prices:$690,000 in 1987$1,896,918.82 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2025 ($690,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 174.92% higher in 2025 versus 1987 (a $1,206,918.82 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, $690,000 in Minneapolis/St. Paul in the year 1987 would cost $1,896,918.82 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%).

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Buying power of $690,000.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $690,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$690,000.002.95%
1988$724,623.665.02%
1989$754,301.084.10%
1990$785,215.054.10%
1991$806,236.562.68%
1992$834,677.423.53%
1993$860,645.163.11%
1994$887,849.463.16%
1995$908,870.972.37%
1996$939,166.673.33%
1997$960,806.452.30%
1998$978,736.561.87%
1999$1,009,650.543.16%
2000$1,051,693.554.16%
2001$1,091,263.443.76%
2002$1,110,430.111.76%
2003$1,129,596.771.73%
2004$1,161,747.312.85%
2005$1,193,897.852.77%
2006$1,213,064.521.61%
2007$1,244,269.092.57%
2008$1,291,944.623.83%
2009$1,285,335.22-0.51%
2010$1,309,070.971.85%
2011$1,356,128.233.59%
2012$1,387,784.142.33%
2013$1,414,691.671.94%
2014$1,434,488.981.40%
2015$1,425,548.66-0.62%
2016$1,447,670.701.55%
2017$1,479,165.862.18%
2018$1,514,593.282.40%
2019$1,546,354.302.10%
2020$1,564,228.761.16%
2021$1,639,949.464.84%
2022$1,762,146.247.45%
2023$1,809,827.962.71%
2024$1,853,923.662.44%
2025$1,896,918.822.32%*

* 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* $690,000 = $1,896,918.82

Therefore, according to U.S. Bureau of Labor Statistics, $690,000 in 1987 has the same "purchasing power" as $1,896,918.82 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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