Minneapolis/St. Paul, Minnesota prices:$1,199 in 1987$3,296.24 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1987-2025 ($1,199)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 174.92% higher in 2025 versus 1987 (a $2,097.24 difference in value).

Between 1987 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.70% per year. This rate of change indicates significant inflation. In other words, $1,199 in Minneapolis/St. Paul in the year 1987 would cost $3,296.24 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1987: Pricing changed by 2.95%, which is above the average yearly change in Minneapolis/St. Paul during the 1987-2025 time period. Compared to inflation for all items in 1987 (3.66%), 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
Admission to sporting events · Denver, Colorado · Educational books and supplies · Women's apparel · More

Buying power of $1,199.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,199 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$1,199.002.95%
1988$1,259.165.02%
1989$1,310.734.10%
1990$1,364.454.10%
1991$1,400.982.68%
1992$1,450.403.53%
1993$1,495.533.11%
1994$1,542.803.16%
1995$1,579.332.37%
1996$1,631.973.33%
1997$1,669.582.30%
1998$1,700.731.87%
1999$1,754.453.16%
2000$1,827.514.16%
2001$1,896.273.76%
2002$1,929.571.76%
2003$1,962.881.73%
2004$2,018.752.85%
2005$2,074.612.77%
2006$2,107.921.61%
2007$2,162.142.57%
2008$2,244.993.83%
2009$2,233.50-0.51%
2010$2,274.751.85%
2011$2,356.523.59%
2012$2,411.532.33%
2013$2,458.281.94%
2014$2,492.681.40%
2015$2,477.15-0.62%
2016$2,515.591.55%
2017$2,570.322.18%
2018$2,631.882.40%
2019$2,687.072.10%
2020$2,718.131.16%
2021$2,849.714.84%
2022$3,062.057.45%
2023$3,144.902.71%
2024$3,221.532.44%
2025$3,296.242.32%*

* 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 1987* 1987 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 111.600 in the year 1987 and 306.806 in 2025:

306.806 / 111.600* $1,199 = $3,296.24

Therefore, according to U.S. Bureau of Labor Statistics, $1,199 in 1987 has the same "purchasing power" as $3,296.24 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.

» Read more about inflation and investment.