Minneapolis/St. Paul, Minnesota prices:$1,710,000 in 1985$4,903,161.31 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($1,710,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $3,193,161.31 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, $1,710,000 in Minneapolis/St. Paul in the year 1985 would cost $4,903,161.31 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 $1,710,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,710,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,710,000.003.78%
1986$1,732,373.831.31%
1987$1,783,514.022.95%
1988$1,873,009.355.02%
1989$1,949,719.634.10%
1990$2,029,626.174.10%
1991$2,083,962.622.68%
1992$2,157,476.643.53%
1993$2,224,598.133.11%
1994$2,294,915.893.16%
1995$2,349,252.342.37%
1996$2,427,560.753.33%
1997$2,483,495.332.30%
1998$2,529,841.121.87%
1999$2,609,747.663.16%
2000$2,718,420.564.16%
2001$2,820,700.933.76%
2002$2,870,242.991.76%
2003$2,919,785.051.73%
2004$3,002,887.852.85%
2005$3,085,990.652.77%
2006$3,135,532.711.61%
2007$3,216,190.372.57%
2008$3,339,422.243.83%
2009$3,322,338.22-0.51%
2010$3,383,690.471.85%
2011$3,505,324.213.59%
2012$3,587,148.502.33%
2013$3,656,699.161.94%
2014$3,707,871.311.40%
2015$3,684,762.34-0.62%
2016$3,741,943.461.55%
2017$3,823,352.242.18%
2018$3,914,925.142.40%
2019$3,997,021.122.10%
2020$4,043,223.081.16%
2021$4,238,946.174.84%
2022$4,554,800.757.45%
2023$4,678,048.602.71%
2024$4,792,027.292.44%
2025$4,903,161.312.32%*

* 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* $1,710,000 = $4,903,161.31

Therefore, according to U.S. Bureau of Labor Statistics, $1,710,000 in 1985 has the same "purchasing power" as $4,903,161.31 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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