Minneapolis/St. Paul, Minnesota prices:$24,075 in 1985$69,031.35 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($24,075)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $44,956.35 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, $24,075 in Minneapolis/St. Paul in the year 1985 would cost $69,031.35 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
Fish and seafood · New trucks · Gasoline (all types) · Admission to sporting events · More

Buying power of $24,075.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $24,075 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$24,075.003.78%
1986$24,390.001.31%
1987$25,110.002.95%
1988$26,370.005.02%
1989$27,450.004.10%
1990$28,575.004.10%
1991$29,340.002.68%
1992$30,375.003.53%
1993$31,320.003.11%
1994$32,310.003.16%
1995$33,075.002.37%
1996$34,177.503.33%
1997$34,965.002.30%
1998$35,617.501.87%
1999$36,742.503.16%
2000$38,272.504.16%
2001$39,712.503.76%
2002$40,410.001.76%
2003$41,107.501.73%
2004$42,277.502.85%
2005$43,447.502.77%
2006$44,145.001.61%
2007$45,280.582.57%
2008$47,015.553.83%
2009$46,775.03-0.51%
2010$47,638.801.85%
2011$49,351.283.59%
2012$50,503.282.33%
2013$51,482.481.94%
2014$52,202.931.40%
2015$51,877.58-0.62%
2016$52,682.631.55%
2017$53,828.782.18%
2018$55,118.022.40%
2019$56,273.852.10%
2020$56,924.331.16%
2021$59,679.904.84%
2022$64,126.807.45%
2023$65,862.002.71%
2024$67,466.702.44%
2025$69,031.352.32%*

* 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* $24,075 = $69,031.35

Therefore, according to U.S. Bureau of Labor Statistics, $24,075 in 1985 has the same "purchasing power" as $69,031.35 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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