Minneapolis/St. Paul, Minnesota prices: $896,700 in 1985 $2,512,871.85 in 2026

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2026 ($896,700)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $1,616,171.85 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, $896,700 in Minneapolis/St. Paul in the year 1985 would cost $2,512,871.85 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
Educational books and supplies · Bananas · Seattle, Washington · San Diego, California · More

Buying power of $896,700.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $896,700 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$896,700.003.78%
1986$908,432.521.31%
1987$935,249.722.95%
1988$982,179.815.02%
1989$1,022,405.614.10%
1990$1,064,307.484.10%
1991$1,092,800.752.68%
1992$1,131,350.473.53%
1993$1,166,548.043.11%
1994$1,203,421.683.16%
1995$1,231,914.952.37%
1996$1,272,978.793.33%
1997$1,302,310.092.30%
1998$1,326,613.181.87%
1999$1,368,515.053.16%
2000$1,425,501.594.16%
2001$1,479,135.983.76%
2002$1,505,115.141.76%
2003$1,531,094.301.73%
2004$1,574,672.242.85%
2005$1,618,250.192.77%
2006$1,644,229.351.61%
2007$1,686,525.092.57%
2008$1,751,146.163.83%
2009$1,742,187.54-0.51%
2010$1,774,359.791.85%
2011$1,838,142.823.59%
2012$1,881,050.332.33%
2013$1,917,521.721.94%
2014$1,944,355.671.40%
2015$1,932,237.65-0.62%
2016$1,962,222.631.55%
2017$2,004,912.262.18%
2018$2,052,931.802.40%
2019$2,095,981.782.10%
2020$2,120,209.441.16%
2021$2,222,843.884.84%
2022$2,388,473.597.45%
2023$2,453,103.032.71%
2024$2,512,871.852.44%
2025$2,512,871.850.00% **
2026$2,512,871.850.00% **

* 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 * $896,700 = $2,512,871.85

Therefore, according to U.S. Bureau of Labor Statistics, $896,700 in 1985 has the same "purchasing power" as $2,512,871.85 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.

» Read more about inflation and investment.