Minneapolis/St. Paul, Minnesota prices:$8,300 in 1987$22,818.01 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2025 ($8,300)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 174.92% higher in 2025 versus 1987 (a $14,518.01 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, $8,300 in Minneapolis/St. Paul in the year 1987 would cost $22,818.01 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 $8,300.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $8,300 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$8,300.002.95%
1988$8,716.495.02%
1989$9,073.484.10%
1990$9,445.344.10%
1991$9,698.212.68%
1992$10,040.323.53%
1993$10,352.693.11%
1994$10,679.933.16%
1995$10,932.802.37%
1996$11,297.223.33%
1997$11,557.532.30%
1998$11,773.211.87%
1999$12,145.073.16%
2000$12,650.814.16%
2001$13,126.793.76%
2002$13,357.351.76%
2003$13,587.901.73%
2004$13,974.642.85%
2005$14,361.382.77%
2006$14,591.941.61%
2007$14,967.292.57%
2008$15,540.783.83%
2009$15,461.28-0.51%
2010$15,746.801.85%
2011$16,312.853.59%
2012$16,693.642.33%
2013$17,017.311.94%
2014$17,255.451.40%
2015$17,147.90-0.62%
2016$17,414.011.55%
2017$17,792.862.18%
2018$18,219.022.40%
2019$18,601.072.10%
2020$18,816.091.16%
2021$19,726.934.84%
2022$21,196.837.45%
2023$21,770.392.71%
2024$22,300.822.44%
2025$22,818.012.32%*

* 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* $8,300 = $22,818.01

Therefore, according to U.S. Bureau of Labor Statistics, $8,300 in 1987 has the same "purchasing power" as $22,818.01 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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