Minneapolis/St. Paul, Minnesota prices:$40,520 in 1985$116,184.85 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($40,520)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $75,664.85 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, $40,520 in Minneapolis/St. Paul in the year 1985 would cost $116,184.85 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
Dental services · Airline fares · New cars · Admission to sporting events · More

Buying power of $40,520.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $40,520 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$40,520.003.78%
1986$41,050.171.31%
1987$42,261.982.95%
1988$44,382.655.02%
1989$46,200.374.10%
1990$48,093.834.10%
1991$49,381.382.68%
1992$51,123.363.53%
1993$52,713.873.11%
1994$54,380.113.16%
1995$55,667.662.37%
1996$57,523.253.33%
1997$58,848.672.30%
1998$59,946.881.87%
1999$61,840.343.16%
2000$64,415.444.16%
2001$66,839.073.76%
2002$68,013.011.76%
2003$69,186.951.73%
2004$71,156.152.85%
2005$73,125.352.77%
2006$74,299.291.61%
2007$76,210.552.57%
2008$79,130.643.83%
2009$78,725.82-0.51%
2010$80,179.611.85%
2011$83,061.833.59%
2012$85,000.742.33%
2013$86,648.801.94%
2014$87,861.371.40%
2015$87,313.78-0.62%
2016$88,668.741.55%
2017$90,597.802.18%
2018$92,767.702.40%
2019$94,713.042.10%
2020$95,807.841.16%
2021$100,445.674.84%
2022$107,930.137.45%
2023$110,850.602.71%
2024$113,551.432.44%
2025$116,184.852.32%*

* 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* $40,520 = $116,184.85

Therefore, according to U.S. Bureau of Labor Statistics, $40,520 in 1985 has the same "purchasing power" as $116,184.85 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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