Minneapolis/St. Paul, Minnesota prices:$1,338,198 in 1985$3,837,076.41 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($1,338,198)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $2,498,878.41 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, $1,338,198 in Minneapolis/St. Paul in the year 1985 would cost $3,837,076.41 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
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Buying power of $1,338,198.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,338,198 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,338,198.003.78%
1986$1,355,707.131.31%
1987$1,395,728.012.95%
1988$1,465,764.545.02%
1989$1,525,795.854.10%
1990$1,588,328.474.10%
1991$1,630,850.652.68%
1992$1,688,380.653.53%
1993$1,740,908.053.11%
1994$1,795,936.763.16%
1995$1,838,458.932.37%
1996$1,899,740.903.33%
1997$1,943,513.732.30%
1998$1,979,782.651.87%
1999$2,042,315.273.16%
2000$2,127,359.624.16%
2001$2,207,401.373.76%
2002$2,246,171.601.76%
2003$2,284,941.821.73%
2004$2,349,975.742.85%
2005$2,415,009.662.77%
2006$2,453,779.881.61%
2007$2,516,900.312.57%
2008$2,613,338.113.83%
2009$2,599,968.64-0.51%
2010$2,647,981.181.85%
2011$2,743,168.333.59%
2012$2,807,201.732.33%
2013$2,861,630.121.94%
2014$2,901,676.011.40%
2015$2,883,591.57-0.62%
2016$2,928,339.911.55%
2017$2,992,048.142.18%
2018$3,063,710.522.40%
2019$3,127,956.532.10%
2020$3,164,112.891.16%
2021$3,317,280.284.84%
2022$3,564,459.217.45%
2023$3,660,909.522.71%
2024$3,750,106.042.44%
2025$3,837,076.412.32%*

* 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* $1,338,198 = $3,837,076.41

Therefore, according to U.S. Bureau of Labor Statistics, $1,338,198 in 1985 has the same "purchasing power" as $3,837,076.41 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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