Minneapolis/St. Paul, Minnesota prices:$1,550,000 in 1985$4,444,385.98 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($1,550,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $2,894,385.98 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, $1,550,000 in Minneapolis/St. Paul in the year 1985 would cost $4,444,385.98 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 $1,550,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,550,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,550,000.003.78%
1986$1,570,280.371.31%
1987$1,616,635.512.95%
1988$1,697,757.015.02%
1989$1,767,289.724.10%
1990$1,839,719.634.10%
1991$1,888,971.962.68%
1992$1,955,607.483.53%
1993$2,016,448.603.11%
1994$2,080,186.923.16%
1995$2,129,439.252.37%
1996$2,200,420.563.33%
1997$2,251,121.502.30%
1998$2,293,130.841.87%
1999$2,365,560.753.16%
2000$2,464,065.424.16%
2001$2,556,775.703.76%
2002$2,601,682.241.76%
2003$2,646,588.791.73%
2004$2,721,915.892.85%
2005$2,797,242.992.77%
2006$2,842,149.531.61%
2007$2,915,260.282.57%
2008$3,026,961.683.83%
2009$3,011,476.17-0.51%
2010$3,067,087.851.85%
2011$3,177,340.653.59%
2012$3,251,508.882.33%
2013$3,314,551.871.94%
2014$3,360,935.981.40%
2015$3,339,989.25-0.62%
2016$3,391,820.091.55%
2017$3,465,611.682.18%
2018$3,548,616.362.40%
2019$3,623,030.842.10%
2020$3,664,909.811.16%
2021$3,842,319.634.84%
2022$4,128,620.567.45%
2023$4,240,336.452.71%
2024$4,343,650.472.44%
2025$4,444,385.982.32%*

* 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* $1,550,000 = $4,444,385.98

Therefore, according to U.S. Bureau of Labor Statistics, $1,550,000 in 1985 has the same "purchasing power" as $4,444,385.98 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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