Minneapolis/St. Paul, Minnesota prices:$312,000 in 1985$894,611.89 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2025 ($312,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $582,611.89 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, $312,000 in Minneapolis/St. Paul in the year 1985 would cost $894,611.89 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
Fresh fruits · Gasoline (all types) · Wine at home · Dental services · More

Buying power of $312,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $312,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$312,000.003.78%
1986$316,082.241.31%
1987$325,413.082.95%
1988$341,742.065.02%
1989$355,738.324.10%
1990$370,317.764.10%
1991$380,231.782.68%
1992$393,644.863.53%
1993$405,891.593.11%
1994$418,721.503.16%
1995$428,635.512.37%
1996$442,923.363.33%
1997$453,128.972.30%
1998$461,585.051.87%
1999$476,164.493.16%
2000$495,992.524.16%
2001$514,654.213.76%
2002$523,693.461.76%
2003$532,732.711.73%
2004$547,895.332.85%
2005$563,057.942.77%
2006$572,097.201.61%
2007$586,813.682.57%
2008$609,298.093.83%
2009$606,181.01-0.51%
2010$617,375.101.85%
2011$639,567.933.59%
2012$654,497.272.33%
2013$667,187.211.94%
2014$676,523.891.40%
2015$672,307.51-0.62%
2016$682,740.561.55%
2017$697,594.092.18%
2018$714,302.132.40%
2019$729,281.052.10%
2020$737,710.881.16%
2021$773,421.764.84%
2022$831,051.367.45%
2023$853,538.692.71%
2024$874,334.802.44%
2025$894,611.892.32%*

* 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* $312,000 = $894,611.89

Therefore, according to U.S. Bureau of Labor Statistics, $312,000 in 1985 has the same "purchasing power" as $894,611.89 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.

» Read more about inflation and investment.