Minneapolis/St. Paul, Minnesota prices:$2,529,757 in 1988$6,622,394.42 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1988-2025 ($2,529,757)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 161.78% higher in 2025 versus 1988 (a $4,092,637.42 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, $2,529,757 in Minneapolis/St. Paul in the year 1988 would cost $6,622,394.42 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
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Buying power of $2,529,757.00 since 1988

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $2,529,757 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$2,529,757.005.02%
1989$2,633,364.804.10%
1990$2,741,289.584.10%
1991$2,814,678.442.68%
1992$2,913,969.243.53%
1993$3,004,626.063.11%
1994$3,099,599.873.16%
1995$3,172,988.732.37%
1996$3,278,755.023.33%
1997$3,354,302.372.30%
1998$3,416,898.751.87%
1999$3,524,823.533.16%
2000$3,671,601.244.16%
2001$3,809,744.973.76%
2002$3,876,658.341.76%
2003$3,943,571.711.73%
2004$4,055,813.482.85%
2005$4,168,055.262.77%
2006$4,234,968.631.61%
2007$4,343,907.912.57%
2008$4,510,349.523.83%
2009$4,487,275.20-0.51%
2010$4,570,139.851.85%
2011$4,734,422.963.59%
2012$4,844,937.942.33%
2013$4,938,875.671.94%
2014$5,007,990.711.40%
2015$4,976,778.86-0.62%
2016$5,054,009.841.55%
2017$5,163,963.612.18%
2018$5,287,645.412.40%
2019$5,398,527.342.10%
2020$5,460,929.451.16%
2021$5,725,280.424.84%
2022$6,151,885.527.45%
2023$6,318,348.712.71%
2024$6,472,292.632.44%
2025$6,622,394.422.32%*

* 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* $2,529,757 = $6,622,394.42

Therefore, according to U.S. Bureau of Labor Statistics, $2,529,757 in 1988 has the same "purchasing power" as $6,622,394.42 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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