Minneapolis/St. Paul, Minnesota prices:$29,940 in 1985$85,848.33 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($29,940)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $55,908.33 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, $29,940 in Minneapolis/St. Paul in the year 1985 would cost $85,848.33 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 $29,940.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $29,940 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$29,940.003.78%
1986$30,331.741.31%
1987$31,227.142.95%
1988$32,794.095.02%
1989$34,137.204.10%
1990$35,536.264.10%
1991$36,487.632.68%
1992$37,774.773.53%
1993$38,949.983.11%
1994$40,181.163.16%
1995$41,132.522.37%
1996$42,503.613.33%
1997$43,482.952.30%
1998$44,294.411.87%
1999$45,693.483.16%
2000$47,596.214.16%
2001$49,387.013.76%
2002$50,254.431.76%
2003$51,121.851.73%
2004$52,576.882.85%
2005$54,031.912.77%
2006$54,899.331.61%
2007$56,311.542.57%
2008$58,469.183.83%
2009$58,170.06-0.51%
2010$59,244.261.85%
2011$61,373.923.59%
2012$62,806.572.33%
2013$64,024.311.94%
2014$64,920.271.40%
2015$64,515.66-0.62%
2016$65,516.831.55%
2017$66,942.202.18%
2018$68,545.532.40%
2019$69,982.932.10%
2020$70,791.871.16%
2021$74,218.744.84%
2022$79,748.977.45%
2023$81,906.892.71%
2024$83,902.512.44%
2025$85,848.332.32%*

* 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* $29,940 = $85,848.33

Therefore, according to U.S. Bureau of Labor Statistics, $29,940 in 1985 has the same "purchasing power" as $85,848.33 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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