Minneapolis/St. Paul, Minnesota prices: $9,300 in 1987 $24,987.67 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2026 ($9,300)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 168.68% higher in 2026 versus 1987 (a $15,687.67 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, $9,300 in Minneapolis/St. Paul in the year 1987 would cost $24,987.67 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 $9,300.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $9,300 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$9,300.002.95%
1988$9,766.675.02%
1989$10,166.674.10%
1990$10,583.334.10%
1991$10,866.672.68%
1992$11,250.003.53%
1993$11,600.003.11%
1994$11,966.673.16%
1995$12,250.002.37%
1996$12,658.333.33%
1997$12,950.002.30%
1998$13,191.671.87%
1999$13,608.333.16%
2000$14,175.004.16%
2001$14,708.333.76%
2002$14,966.671.76%
2003$15,225.001.73%
2004$15,658.332.85%
2005$16,091.672.77%
2006$16,350.001.61%
2007$16,770.582.57%
2008$17,413.173.83%
2009$17,324.08-0.51%
2010$17,644.001.85%
2011$18,278.253.59%
2012$18,704.922.33%
2013$19,067.581.94%
2014$19,334.421.40%
2015$19,213.92-0.62%
2016$19,512.081.55%
2017$19,936.582.18%
2018$20,414.082.40%
2019$20,842.172.10%
2020$21,083.081.16%
2021$22,103.674.84%
2022$23,750.677.45%
2023$24,393.332.71%
2024$24,987.672.44%
2025$24,987.670.00% **
2026$24,987.670.00% **

* 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 * $9,300 = $24,987.67

Therefore, according to U.S. Bureau of Labor Statistics, $9,300 in 1987 has the same "purchasing power" as $24,987.67 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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