Minneapolis/St. Paul, Minnesota prices: $1,731 in 1985 $4,850.88 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($1,731)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $3,119.88 difference in value).

Between 1985 and 2026: Minneapolis/St. Paul experienced an average inflation rate of 2.55% per year. This rate of change indicates significant inflation. In other words, $1,731 in Minneapolis/St. Paul in the year 1985 would cost $4,850.88 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.73% 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 1985-2026 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 $1,731.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,731 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,731.003.78%
1986$1,753.651.31%
1987$1,805.422.95%
1988$1,896.015.02%
1989$1,973.664.10%
1990$2,054.554.10%
1991$2,109.562.68%
1992$2,183.973.53%
1993$2,251.923.11%
1994$2,323.103.16%
1995$2,378.102.37%
1996$2,457.373.33%
1997$2,513.992.30%
1998$2,560.911.87%
1999$2,641.803.16%
2000$2,751.804.16%
2001$2,855.343.76%
2002$2,905.491.76%
2003$2,955.641.73%
2004$3,039.772.85%
2005$3,123.892.77%
2006$3,174.041.61%
2007$3,255.692.57%
2008$3,380.433.83%
2009$3,363.14-0.51%
2010$3,425.241.85%
2011$3,548.373.59%
2012$3,631.202.33%
2013$3,701.611.94%
2014$3,753.411.40%
2015$3,730.01-0.62%
2016$3,787.901.55%
2017$3,870.312.18%
2018$3,963.002.40%
2019$4,046.112.10%
2020$4,092.881.16%
2021$4,291.004.84%
2022$4,610.747.45%
2023$4,735.502.71%
2024$4,850.882.44%
2025$4,850.880.00% **
2026$4,850.880.00% **

* 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:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852299.852299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1985 * 1985 USD value = 2026 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 299.852 in 2026:

299.852 / 107.000 * $1,731 = $4,850.88

Therefore, according to U.S. Bureau of Labor Statistics, $1,731 in 1985 has the same "purchasing power" as $4,850.88 in 2026 (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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