Minneapolis/St. Paul, Minnesota prices:$118,000 in 1985$338,346.80 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($118,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $220,346.80 difference in value).

Between 1985 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.67% per year. This rate of change indicates significant inflation. In other words, $118,000 in Minneapolis/St. Paul in the year 1985 would cost $338,346.80 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 1985: Pricing changed by 3.78%, which is above the average yearly change in Minneapolis/St. Paul during the 1985-2025 time period. Compared to inflation for all items in 1985 (3.55%), 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
Electricity · Airline fares · Jewelry · Minneapolis-St Paul, Minnesota · More

Buying power of $118,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $118,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$118,000.003.78%
1986$119,543.931.31%
1987$123,072.902.95%
1988$129,248.605.02%
1989$134,542.064.10%
1990$140,056.074.10%
1991$143,805.612.68%
1992$148,878.503.53%
1993$153,510.283.11%
1994$158,362.623.16%
1995$162,112.152.37%
1996$167,515.893.33%
1997$171,375.702.30%
1998$174,573.831.87%
1999$180,087.853.16%
2000$187,586.924.16%
2001$194,644.863.76%
2002$198,063.551.76%
2003$201,482.241.73%
2004$207,216.822.85%
2005$212,951.402.77%
2006$216,370.091.61%
2007$221,935.942.57%
2008$230,439.663.83%
2009$229,260.77-0.51%
2010$233,494.431.85%
2011$241,887.873.59%
2012$247,534.222.33%
2013$252,333.631.94%
2014$255,864.801.40%
2015$254,270.15-0.62%
2016$258,215.981.55%
2017$263,833.662.18%
2018$270,152.732.40%
2019$275,817.832.10%
2020$279,006.041.16%
2021$292,512.074.84%
2022$314,307.897.45%
2023$322,812.712.71%
2024$330,677.912.44%
2025$338,346.802.32%*

* 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 1985* 1985 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 107.000 in the year 1985 and 306.806 in 2025:

306.806 / 107.000* $118,000 = $338,346.80

Therefore, according to U.S. Bureau of Labor Statistics, $118,000 in 1985 has the same "purchasing power" as $338,346.80 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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