Minneapolis/St. Paul, Minnesota prices: $920,000 in 1987 $2,471,898.21 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2026 ($920,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 168.68% higher in 2026 versus 1987 (a $1,551,898.21 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, $920,000 in Minneapolis/St. Paul in the year 1987 would cost $2,471,898.21 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 $920,000.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $920,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$920,000.002.95%
1988$966,164.875.02%
1989$1,005,734.774.10%
1990$1,046,953.414.10%
1991$1,074,982.082.68%
1992$1,112,903.233.53%
1993$1,147,526.883.11%
1994$1,183,799.283.16%
1995$1,211,827.962.37%
1996$1,252,222.223.33%
1997$1,281,075.272.30%
1998$1,304,982.081.87%
1999$1,346,200.723.16%
2000$1,402,258.064.16%
2001$1,455,017.923.76%
2002$1,480,573.481.76%
2003$1,506,129.031.73%
2004$1,548,996.422.85%
2005$1,591,863.802.77%
2006$1,617,419.351.61%
2007$1,659,025.452.57%
2008$1,722,592.833.83%
2009$1,713,780.29-0.51%
2010$1,745,427.961.85%
2011$1,808,170.973.59%
2012$1,850,378.852.33%
2013$1,886,255.561.94%
2014$1,912,651.971.40%
2015$1,900,731.54-0.62%
2016$1,930,227.601.55%
2017$1,972,221.152.18%
2018$2,019,457.712.40%
2019$2,061,805.732.10%
2020$2,085,638.351.16%
2021$2,186,599.284.84%
2022$2,349,528.327.45%
2023$2,413,103.942.71%
2024$2,471,898.212.44%
2025$2,471,898.210.00% **
2026$2,471,898.210.00% **

* 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 * $920,000 = $2,471,898.21

Therefore, according to U.S. Bureau of Labor Statistics, $920,000 in 1987 has the same "purchasing power" as $2,471,898.21 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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