Minneapolis/St. Paul, Minnesota prices:$87,000 in 1988$227,748.48 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1988-2025 ($87,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 161.78% higher in 2025 versus 1988 (a $140,748.48 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, $87,000 in Minneapolis/St. Paul in the year 1988 would cost $227,748.48 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%).

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Buying power of $87,000.00 since 1988

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $87,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$87,000.005.02%
1989$90,563.144.10%
1990$94,274.744.10%
1991$96,798.632.68%
1992$100,213.313.53%
1993$103,331.063.11%
1994$106,597.273.16%
1995$109,121.162.37%
1996$112,758.533.33%
1997$115,356.662.30%
1998$117,509.391.87%
1999$121,220.993.16%
2000$126,268.774.16%
2001$131,019.623.76%
2002$133,320.821.76%
2003$135,622.011.73%
2004$139,482.082.85%
2005$143,342.152.77%
2006$145,643.341.61%
2007$149,389.842.57%
2008$155,113.873.83%
2009$154,320.33-0.51%
2010$157,170.101.85%
2011$162,819.913.59%
2012$166,620.592.33%
2013$169,851.171.94%
2014$172,228.081.40%
2015$171,154.68-0.62%
2016$173,810.711.55%
2017$177,592.092.18%
2018$181,845.592.40%
2019$185,658.892.10%
2020$187,804.941.16%
2021$196,896.144.84%
2022$211,567.377.45%
2023$217,292.152.71%
2024$222,586.382.44%
2025$227,748.482.32%*

* 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* $87,000 = $227,748.48

Therefore, according to U.S. Bureau of Labor Statistics, $87,000 in 1988 has the same "purchasing power" as $227,748.48 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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