diff --git a/requirements.txt b/requirements.txt
index ab0f1aa4e..7100b2124 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -9,4 +9,4 @@ psycopg2-binary
 -e .[compatible-mypy]
 
 # Overrides:
-mypy==0.961
+mypy==1.1.1
diff --git a/setup.py b/setup.py
index 5e7082f25..0eb88d64e 100644
--- a/setup.py
+++ b/setup.py
@@ -31,7 +31,7 @@ def find_stub_files(name: str) -> List[str]:
 ]
 
 extras_require = {
-    "compatible-mypy": ["mypy>=0.930,<0.970"],
+    "compatible-mypy": ["mypy>=0.930,<1.2"],
 }
 
 setup(