Minneapolis/St. Paul, Minnesota prices:$9,420 in 1987$25,897.07 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2025 ($9,420)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 174.92% higher in 2025 versus 1987 (a $16,477.07 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, $9,420 in Minneapolis/St. Paul in the year 1987 would cost $25,897.07 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 $9,420.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $9,420 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$9,420.002.95%
1988$9,892.695.02%
1989$10,297.854.10%
1990$10,719.894.10%
1991$11,006.882.68%
1992$11,395.163.53%
1993$11,749.683.11%
1994$12,121.083.16%
1995$12,408.062.37%
1996$12,821.673.33%
1997$13,117.102.30%
1998$13,361.881.87%
1999$13,783.923.16%
2000$14,357.904.16%
2001$14,898.123.76%
2002$15,159.781.76%
2003$15,421.451.73%
2004$15,860.382.85%
2005$16,299.302.77%
2006$16,560.971.61%
2007$16,986.982.57%
2008$17,637.853.83%
2009$17,547.62-0.51%
2010$17,871.661.85%
2011$18,514.103.59%
2012$18,946.272.33%
2013$19,313.621.94%
2014$19,583.891.40%
2015$19,461.84-0.62%
2016$19,763.851.55%
2017$20,193.832.18%
2018$20,677.492.40%
2019$21,111.102.10%
2020$21,355.121.16%
2021$22,388.884.84%
2022$24,057.137.45%
2023$24,708.092.71%
2024$25,310.092.44%
2025$25,897.072.32%*

* 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* $9,420 = $25,897.07

Therefore, according to U.S. Bureau of Labor Statistics, $9,420 in 1987 has the same "purchasing power" as $25,897.07 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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