Minneapolis/St. Paul, Minnesota prices:$4,483 in 1985$12,562.96 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($4,483)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $8,079.96 difference in value).

Between 1985 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.55% per year. This rate of change indicates significant inflation. In other words, $4,483 in Minneapolis/St. Paul in the year 1985 would cost $12,562.96 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.73% 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 1985-2026 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 $4,483.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $4,483 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$4,483.003.78%
1986$4,541.661.31%
1987$4,675.732.95%
1988$4,910.355.02%
1989$5,111.464.10%
1990$5,320.944.10%
1991$5,463.392.68%
1992$5,656.123.53%
1993$5,832.093.11%
1994$6,016.443.16%
1995$6,158.892.37%
1996$6,364.183.33%
1997$6,510.822.30%
1998$6,632.331.87%
1999$6,841.813.16%
2000$7,126.714.16%
2001$7,394.863.76%
2002$7,524.741.76%
2003$7,654.621.73%
2004$7,872.482.85%
2005$8,090.352.77%
2006$8,220.231.61%
2007$8,431.692.57%
2008$8,754.753.83%
2009$8,709.97-0.51%
2010$8,870.811.85%
2011$9,189.693.59%
2012$9,404.202.33%
2013$9,586.541.94%
2014$9,720.691.40%
2015$9,660.11-0.62%
2016$9,810.021.55%
2017$10,023.442.18%
2018$10,263.512.40%
2019$10,478.742.10%
2020$10,599.861.16%
2021$11,112.984.84%
2022$11,941.047.45%
2023$12,264.152.71%
2024$12,562.962.44%
2025$12,562.960.00% **
2026$12,562.960.00% **

* 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:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852299.852299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1985* 1985 USD value = 2026 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 299.852 in 2026:

299.852 / 107.000* $4,483 = $12,562.96

Therefore, according to U.S. Bureau of Labor Statistics, $4,483 in 1985 has the same "purchasing power" as $12,562.96 in 2026 (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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