Minneapolis/St. Paul, Minnesota prices:$520,000 in 1988$1,361,255.29 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1988-2025 ($520,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 161.78% higher in 2025 versus 1988 (a $841,255.29 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, $520,000 in Minneapolis/St. Paul in the year 1988 would cost $1,361,255.29 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
Women's apparel · Admission to sporting events · Fish and seafood · Wireless telephone services · More

Buying power of $520,000.00 since 1988

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $520,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$520,000.005.02%
1989$541,296.934.10%
1990$563,481.234.10%
1991$578,566.552.68%
1992$598,976.113.53%
1993$617,610.923.11%
1994$637,133.113.16%
1995$652,218.432.37%
1996$673,959.043.33%
1997$689,488.052.30%
1998$702,354.951.87%
1999$724,539.253.16%
2000$754,709.904.16%
2001$783,105.803.76%
2002$796,860.071.76%
2003$810,614.331.73%
2004$833,686.012.85%
2005$856,757.682.77%
2006$870,511.951.61%
2007$892,904.782.57%
2008$927,117.413.83%
2009$922,374.40-0.51%
2010$939,407.511.85%
2011$973,176.453.59%
2012$995,893.172.33%
2013$1,015,202.391.94%
2014$1,029,409.221.40%
2015$1,022,993.52-0.62%
2016$1,038,868.601.55%
2017$1,061,469.972.18%
2018$1,086,893.172.40%
2019$1,109,685.322.10%
2020$1,122,512.291.16%
2021$1,176,850.514.84%
2022$1,264,540.617.45%
2023$1,298,757.682.71%
2024$1,330,401.372.44%
2025$1,361,255.292.32%*

* 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* $520,000 = $1,361,255.29

Therefore, according to U.S. Bureau of Labor Statistics, $520,000 in 1988 has the same "purchasing power" as $1,361,255.29 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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