Minneapolis/St. Paul, Minnesota prices:$847,993.50 in 1987$2,331,267.87 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2025 ($847,993.50)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 174.92% higher in 2025 versus 1987 (a $1,483,274.37 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, $847,993.50 in Minneapolis/St. Paul in the year 1987 would cost $2,331,267.87 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 $847,993.50 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $847,993.50 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$847,993.502.95%
1988$890,545.155.02%
1989$927,017.984.10%
1990$965,010.524.10%
1991$990,845.452.68%
1992$1,025,798.593.53%
1993$1,057,712.323.11%
1994$1,091,145.763.16%
1995$1,116,980.692.37%
1996$1,154,213.383.33%
1997$1,180,808.152.30%
1998$1,202,843.831.87%
1999$1,240,836.373.16%
2000$1,292,506.224.16%
2001$1,341,136.673.76%
2002$1,364,692.051.76%
2003$1,388,247.421.73%
2004$1,427,759.672.85%
2005$1,467,271.912.77%
2006$1,490,827.281.61%
2007$1,529,176.952.57%
2008$1,587,769.053.83%
2009$1,579,646.24-0.51%
2010$1,608,816.921.85%
2011$1,666,649.163.59%
2012$1,705,553.522.33%
2013$1,738,622.231.94%
2014$1,762,952.651.40%
2015$1,751,965.21-0.62%
2016$1,779,152.671.55%
2017$1,817,859.472.18%
2018$1,861,398.922.40%
2019$1,900,432.462.10%
2020$1,922,399.741.16%
2021$2,015,458.674.84%
2022$2,165,635.597.45%
2023$2,224,235.282.71%
2024$2,278,427.842.44%
2025$2,331,267.872.32%*

* 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* $847,993.50 = $2,331,267.87

Therefore, according to U.S. Bureau of Labor Statistics, $847,993.50 in 1987 has the same "purchasing power" as $2,331,267.87 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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