Minneapolis/St. Paul, Minnesota prices:$234,000 in 1985$670,958.92 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($234,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $436,958.92 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, $234,000 in Minneapolis/St. Paul in the year 1985 would cost $670,958.92 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
Dental services · Educational books and supplies · Televisions · Financial services · More

Buying power of $234,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $234,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$234,000.003.78%
1986$237,061.681.31%
1987$244,059.812.95%
1988$256,306.545.02%
1989$266,803.744.10%
1990$277,738.324.10%
1991$285,173.832.68%
1992$295,233.643.53%
1993$304,418.693.11%
1994$314,041.123.16%
1995$321,476.642.37%
1996$332,192.523.33%
1997$339,846.732.30%
1998$346,188.791.87%
1999$357,123.363.16%
2000$371,994.394.16%
2001$385,990.653.76%
2002$392,770.091.76%
2003$399,549.531.73%
2004$410,921.502.85%
2005$422,293.462.77%
2006$429,072.901.61%
2007$440,110.262.57%
2008$456,973.573.83%
2009$454,635.76-0.51%
2010$463,031.331.85%
2011$479,675.943.59%
2012$490,872.952.33%
2013$500,390.411.94%
2014$507,392.921.40%
2015$504,230.64-0.62%
2016$512,055.421.55%
2017$523,195.572.18%
2018$535,726.602.40%
2019$546,960.792.10%
2020$553,283.161.16%
2021$580,066.324.84%
2022$623,288.527.45%
2023$640,154.022.71%
2024$655,751.102.44%
2025$670,958.922.32%*

* 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* $234,000 = $670,958.92

Therefore, according to U.S. Bureau of Labor Statistics, $234,000 in 1985 has the same "purchasing power" as $670,958.92 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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