Minneapolis/St. Paul, Minnesota prices:$924 in 1985$2,649.43 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($924)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $1,725.43 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, $924 in Minneapolis/St. Paul in the year 1985 would cost $2,649.43 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
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Buying power of $924.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $924 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$924.003.78%
1986$936.091.31%
1987$963.722.95%
1988$1,012.085.02%
1989$1,053.534.10%
1990$1,096.714.10%
1991$1,126.072.68%
1992$1,165.793.53%
1993$1,202.063.11%
1994$1,240.063.16%
1995$1,269.422.37%
1996$1,311.733.33%
1997$1,341.962.30%
1998$1,367.001.87%
1999$1,410.183.16%
2000$1,468.904.16%
2001$1,524.173.76%
2002$1,550.941.76%
2003$1,577.711.73%
2004$1,622.612.85%
2005$1,667.522.77%
2006$1,694.291.61%
2007$1,737.872.57%
2008$1,804.463.83%
2009$1,795.23-0.51%
2010$1,828.381.85%
2011$1,894.113.59%
2012$1,938.322.33%
2013$1,975.901.94%
2014$2,003.551.40%
2015$1,991.06-0.62%
2016$2,021.961.55%
2017$2,065.952.18%
2018$2,115.432.40%
2019$2,159.792.10%
2020$2,184.761.16%
2021$2,290.524.84%
2022$2,461.197.45%
2023$2,527.792.71%
2024$2,589.382.44%
2025$2,649.432.32%*

* 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* $924 = $2,649.43

Therefore, according to U.S. Bureau of Labor Statistics, $924 in 1985 has the same "purchasing power" as $2,649.43 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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