Minneapolis/St. Paul, Minnesota prices: $890,000 in 1988 $2,277,033.11 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1988-2026 ($890,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 155.85% higher in 2026 versus 1988 (a $1,387,033.11 difference in value).

Between 1988 and 2026: Minneapolis/St. Paul experienced an average inflation rate of 2.50% per year. This rate of change indicates significant inflation. In other words, $890,000 in Minneapolis/St. Paul in the year 1988 would cost $2,277,033.11 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.69% 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 1988-2026 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 $890,000.00 since 1988

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $890,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$890,000.005.02%
1989$926,450.514.10%
1990$964,419.804.10%
1991$990,238.912.68%
1992$1,025,170.653.53%
1993$1,057,064.853.11%
1994$1,090,477.823.16%
1995$1,116,296.932.37%
1996$1,153,506.833.33%
1997$1,180,085.322.30%
1998$1,202,107.511.87%
1999$1,240,076.793.16%
2000$1,291,715.024.16%
2001$1,340,315.703.76%
2002$1,363,856.661.76%
2003$1,387,397.611.73%
2004$1,426,885.672.85%
2005$1,466,373.722.77%
2006$1,489,914.681.61%
2007$1,528,240.872.57%
2008$1,586,797.103.83%
2009$1,578,679.27-0.51%
2010$1,607,832.081.85%
2011$1,665,628.923.59%
2012$1,704,509.472.33%
2013$1,737,557.941.94%
2014$1,761,873.461.40%
2015$1,750,892.75-0.62%
2016$1,778,063.571.55%
2017$1,816,746.672.18%
2018$1,860,259.472.40%
2019$1,899,269.112.10%
2020$1,921,222.951.16%
2021$2,014,224.914.84%
2022$2,164,309.907.45%
2023$2,222,873.722.71%
2024$2,277,033.112.44%
2025$2,277,033.110.00% **
2026$2,277,033.110.00% **

* 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:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852299.852299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1988 * 1988 USD value = 2026 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 299.852 in 2026:

299.852 / 117.200 * $890,000 = $2,277,033.11

Therefore, according to U.S. Bureau of Labor Statistics, $890,000 in 1988 has the same "purchasing power" as $2,277,033.11 in 2026 (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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