Minneapolis/St. Paul, Minnesota prices:$2,440 in 1985$6,996.32 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($2,440)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $4,556.32 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, $2,440 in Minneapolis/St. Paul in the year 1985 would cost $6,996.32 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%).

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Buying power of $2,440.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $2,440 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$2,440.003.78%
1986$2,471.931.31%
1987$2,544.902.95%
1988$2,672.605.02%
1989$2,782.064.10%
1990$2,896.074.10%
1991$2,973.612.68%
1992$3,078.503.53%
1993$3,174.283.11%
1994$3,274.623.16%
1995$3,352.152.37%
1996$3,463.893.33%
1997$3,543.702.30%
1998$3,609.831.87%
1999$3,723.853.16%
2000$3,878.924.16%
2001$4,024.863.76%
2002$4,095.551.76%
2003$4,166.241.73%
2004$4,284.822.85%
2005$4,403.402.77%
2006$4,474.091.61%
2007$4,589.182.57%
2008$4,765.023.83%
2009$4,740.65-0.51%
2010$4,828.191.85%
2011$5,001.753.59%
2012$5,118.502.33%
2013$5,217.751.94%
2014$5,290.761.40%
2015$5,257.79-0.62%
2016$5,339.381.55%
2017$5,455.542.18%
2018$5,586.212.40%
2019$5,703.352.10%
2020$5,769.281.16%
2021$6,048.554.84%
2022$6,499.257.45%
2023$6,675.112.71%
2024$6,837.752.44%
2025$6,996.322.32%*

* 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* $2,440 = $6,996.32

Therefore, according to U.S. Bureau of Labor Statistics, $2,440 in 1985 has the same "purchasing power" as $6,996.32 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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