Minneapolis/St. Paul, Minnesota prices: $488,000 in 1990 $1,152,187.21 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2026 ($488,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2026 versus 1990 (a $664,187.21 difference in value).

Between 1990 and 2026: Minneapolis/St. Paul experienced an average inflation rate of 2.42% per year. This rate of change indicates significant inflation. In other words, $488,000 in Minneapolis/St. Paul in the year 1990 would cost $1,152,187.21 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1990: Pricing changed by 4.10%, which is above the average yearly change in Minneapolis/St. Paul during the 1990-2026 time period. Compared to inflation for all items in 1990 (5.40%), 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 $488,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $488,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$488,000.004.10%
1991$501,064.572.68%
1992$518,740.163.53%
1993$534,878.743.11%
1994$551,785.833.16%
1995$564,850.392.37%
1996$583,678.743.33%
1997$597,127.562.30%
1998$608,270.871.87%
1999$627,483.463.16%
2000$653,612.604.16%
2001$678,204.723.76%
2002$690,116.541.76%
2003$702,028.351.73%
2004$722,009.452.85%
2005$741,990.552.77%
2006$753,902.361.61%
2007$773,295.562.57%
2008$802,925.233.83%
2009$798,817.57-0.51%
2010$813,569.011.85%
2011$842,814.433.59%
2012$862,488.132.33%
2013$879,210.771.94%
2014$891,514.521.40%
2015$885,958.24-0.62%
2016$899,706.771.55%
2017$919,280.572.18%
2018$941,298.202.40%
2019$961,037.232.10%
2020$972,145.951.16%
2021$1,019,205.294.84%
2022$1,095,148.857.45%
2023$1,124,782.362.71%
2024$1,152,187.212.44%
2025$1,152,187.210.00% **
2026$1,152,187.210.00% **

* 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 1990 * 1990 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 127.000 in the year 1990 and 299.852 in 2026:

299.852 / 127.000 * $488,000 = $1,152,187.21

Therefore, according to U.S. Bureau of Labor Statistics, $488,000 in 1990 has the same "purchasing power" as $1,152,187.21 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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