Minneapolis/St. Paul, Minnesota prices:$118,500 in 1985$339,780.48 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2025 ($118,500)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $221,280.48 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, $118,500 in Minneapolis/St. Paul in the year 1985 would cost $339,780.48 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
Houston, Texas · Fresh fruits · Fish and seafood · San Francisco, California · More

Buying power of $118,500.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $118,500 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$118,500.003.78%
1986$120,050.471.31%
1987$123,594.392.95%
1988$129,796.265.02%
1989$135,112.154.10%
1990$140,649.534.10%
1991$144,414.952.68%
1992$149,509.353.53%
1993$154,160.753.11%
1994$159,033.643.16%
1995$162,799.072.37%
1996$168,225.703.33%
1997$172,101.872.30%
1998$175,313.551.87%
1999$180,850.933.16%
2000$188,381.784.16%
2001$195,469.633.76%
2002$198,902.801.76%
2003$202,335.981.73%
2004$208,094.862.85%
2005$213,853.742.77%
2006$217,286.921.61%
2007$222,876.352.57%
2008$231,416.103.83%
2009$230,232.21-0.51%
2010$234,483.811.85%
2011$242,912.823.59%
2012$248,583.102.33%
2013$253,402.841.94%
2014$256,948.981.40%
2015$255,347.57-0.62%
2016$259,310.121.55%
2017$264,951.602.18%
2018$271,297.442.40%
2019$276,986.552.10%
2020$280,188.271.16%
2021$293,751.534.84%
2022$315,639.707.45%
2023$324,180.562.71%
2024$332,079.082.44%
2025$339,780.482.32%*

* 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* $118,500 = $339,780.48

Therefore, according to U.S. Bureau of Labor Statistics, $118,500 in 1985 has the same "purchasing power" as $339,780.48 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.