Minneapolis/St. Paul, Minnesota prices:$3,040 in 1985$8,716.73 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($3,040)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $5,676.73 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, $3,040 in Minneapolis/St. Paul in the year 1985 would cost $8,716.73 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 $3,040.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $3,040 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$3,040.003.78%
1986$3,079.781.31%
1987$3,170.692.95%
1988$3,329.795.02%
1989$3,466.174.10%
1990$3,608.224.10%
1991$3,704.822.68%
1992$3,835.513.53%
1993$3,954.843.11%
1994$4,079.853.16%
1995$4,176.452.37%
1996$4,315.663.33%
1997$4,415.102.30%
1998$4,497.501.87%
1999$4,639.553.16%
2000$4,832.754.16%
2001$5,014.583.76%
2002$5,102.651.76%
2003$5,190.731.73%
2004$5,338.472.85%
2005$5,486.212.77%
2006$5,574.281.61%
2007$5,717.672.57%
2008$5,936.753.83%
2009$5,906.38-0.51%
2010$6,015.451.85%
2011$6,231.693.59%
2012$6,377.152.33%
2013$6,500.801.94%
2014$6,591.771.40%
2015$6,550.69-0.62%
2016$6,652.341.55%
2017$6,797.072.18%
2018$6,959.872.40%
2019$7,105.822.10%
2020$7,187.951.16%
2021$7,535.904.84%
2022$8,097.427.45%
2023$8,316.532.71%
2024$8,519.162.44%
2025$8,716.732.32%*

* 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* $3,040 = $8,716.73

Therefore, according to U.S. Bureau of Labor Statistics, $3,040 in 1985 has the same "purchasing power" as $8,716.73 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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