Minneapolis/St. Paul, Minnesota prices:$585,000,000 in 1985$1,677,397,289.72 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2025 ($585,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $1,092,397,289.72 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, $585,000,000 in Minneapolis/St. Paul in the year 1985 would cost $1,677,397,289.72 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
Bananas · Alcoholic beverages · Detroit, Michigan · Tampa, Florida · More

Buying power of $585,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $585,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$585,000,000.003.78%
1986$592,654,205.611.31%
1987$610,149,532.712.95%
1988$640,766,355.145.02%
1989$667,009,345.794.10%
1990$694,345,794.394.10%
1991$712,934,579.442.68%
1992$738,084,112.153.53%
1993$761,046,728.973.11%
1994$785,102,803.743.16%
1995$803,691,588.792.37%
1996$830,481,308.413.33%
1997$849,616,822.432.30%
1998$865,471,962.621.87%
1999$892,808,411.213.16%
2000$929,985,981.314.16%
2001$964,976,635.513.76%
2002$981,925,233.641.76%
2003$998,873,831.781.73%
2004$1,027,303,738.322.85%
2005$1,055,733,644.862.77%
2006$1,072,682,242.991.61%
2007$1,100,275,654.212.57%
2008$1,142,433,925.233.83%
2009$1,136,589,392.52-0.51%
2010$1,157,578,317.761.85%
2011$1,199,189,859.813.59%
2012$1,227,182,383.182.33%
2013$1,250,976,028.041.94%
2014$1,268,482,289.721.40%
2015$1,260,576,588.79-0.62%
2016$1,280,138,551.401.55%
2017$1,307,988,925.232.18%
2018$1,339,316,495.332.40%
2019$1,367,401,962.622.10%
2020$1,383,207,897.201.16%
2021$1,450,165,794.394.84%
2022$1,558,221,308.417.45%
2023$1,600,385,046.732.71%
2024$1,639,377,757.012.44%
2025$1,677,397,289.722.32%*

* 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* $585,000,000 = $1,677,397,289.72

Therefore, according to U.S. Bureau of Labor Statistics, $585,000,000 in 1985 has the same "purchasing power" as $1,677,397,289.72 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.