Minneapolis/St. Paul, Minnesota prices:$1,665,000,000 in 1988$4,358,634,726.96 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1988-2025 ($1,665,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 161.78% higher in 2025 versus 1988 (a $2,693,634,726.96 difference in value).

Between 1988 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.64% per year. This rate of change indicates significant inflation. In other words, $1,665,000,000 in Minneapolis/St. Paul in the year 1988 would cost $4,358,634,726.96 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1988: Pricing changed by 5.02%, which is above the average yearly change in Minneapolis/St. Paul during the 1988-2025 time period. Compared to inflation for all items in 1988 (4.08%), inflation in Minneapolis/St. Paul was higher.

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
Admission to sporting events · Fresh fruits · Jewelry · Educational books and supplies · More

Buying power of $1,665,000,000.00 since 1988

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,665,000,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$1,665,000,000.005.02%
1989$1,733,191,126.284.10%
1990$1,804,223,549.494.10%
1991$1,852,525,597.272.68%
1992$1,917,875,426.623.53%
1993$1,977,542,662.123.11%
1994$2,040,051,194.543.16%
1995$2,088,353,242.322.37%
1996$2,157,965,017.063.33%
1997$2,207,687,713.312.30%
1998$2,248,886,518.771.87%
1999$2,319,918,941.983.16%
2000$2,416,523,037.544.16%
2001$2,507,444,539.253.76%
2002$2,551,484,641.641.76%
2003$2,595,524,744.031.73%
2004$2,669,398,464.162.85%
2005$2,743,272,184.302.77%
2006$2,787,312,286.691.61%
2007$2,859,012,414.682.57%
2008$2,968,558,617.753.83%
2009$2,953,371,885.67-0.51%
2010$3,007,910,580.201.85%
2011$3,116,036,134.813.59%
2012$3,188,773,336.182.33%
2013$3,250,599,957.341.94%
2014$3,296,089,121.161.40%
2015$3,275,546,544.37-0.62%
2016$3,326,377,346.421.55%
2017$3,398,745,179.182.18%
2018$3,480,148,336.182.40%
2019$3,553,127,047.782.10%
2020$3,594,197,994.881.16%
2021$3,768,184,812.294.84%
2022$4,048,961,774.747.45%
2023$4,158,522,184.302.71%
2024$4,259,842,832.762.44%
2025$4,358,634,726.962.32%*

* 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 1988* 1988 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 117.200 in the year 1988 and 306.806 in 2025:

306.806 / 117.200* $1,665,000,000 = $4,358,634,726.96

Therefore, according to U.S. Bureau of Labor Statistics, $1,665,000,000 in 1988 has the same "purchasing power" as $4,358,634,726.96 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.

» Read more about inflation and investment.