Minneapolis/St. Paul, Minnesota prices:$7,000,000 in 1989$17,603,622.95 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1989-2025 ($7,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 151.48% higher in 2025 versus 1989 (a $10,603,622.95 difference in value).

Between 1989 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.59% per year. This rate of change indicates significant inflation. In other words, $7,000,000 in Minneapolis/St. Paul in the year 1989 would cost $17,603,622.95 in 2025 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 1989: Pricing changed by 4.10%, which is above the average yearly change in Minneapolis/St. Paul during the 1989-2025 time period. Compared to inflation for all items in 1989 (4.83%), inflation in Minneapolis/St. Paul was lower.

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 $7,000,000.00 since 1989

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $7,000,000 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$7,000,000.004.10%
1990$7,286,885.254.10%
1991$7,481,967.212.68%
1992$7,745,901.643.53%
1993$7,986,885.253.11%
1994$8,239,344.263.16%
1995$8,434,426.232.37%
1996$8,715,573.773.33%
1997$8,916,393.442.30%
1998$9,082,786.891.87%
1999$9,369,672.133.16%
2000$9,759,836.074.16%
2001$10,127,049.183.76%
2002$10,304,918.031.76%
2003$10,482,786.891.73%
2004$10,781,147.542.85%
2005$11,079,508.202.77%
2006$11,257,377.051.61%
2007$11,546,959.022.57%
2008$11,989,393.443.83%
2009$11,928,057.38-0.51%
2010$12,148,327.871.85%
2011$12,585,024.593.59%
2012$12,878,795.082.33%
2013$13,128,500.001.94%
2014$13,312,221.311.40%
2015$13,229,254.10-0.62%
2016$13,434,549.181.55%
2017$13,726,827.872.18%
2018$14,055,598.362.40%
2019$14,350,344.262.10%
2020$14,516,221.311.16%
2021$15,218,918.034.84%
2022$16,352,918.037.45%
2023$16,795,409.842.71%
2024$17,204,622.952.44%
2025$17,603,622.952.32%*

* 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 1989* 1989 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 122.000 in the year 1989 and 306.806 in 2025:

306.806 / 122.000* $7,000,000 = $17,603,622.95

Therefore, according to U.S. Bureau of Labor Statistics, $7,000,000 in 1989 has the same "purchasing power" as $17,603,622.95 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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