Minneapolis/St. Paul, Minnesota prices:$974 in 1985$2,792.79 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($974)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $1,818.79 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, $974 in Minneapolis/St. Paul in the year 1985 would cost $2,792.79 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 $974.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $974 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$974.003.78%
1986$986.741.31%
1987$1,015.872.95%
1988$1,066.855.02%
1989$1,110.544.10%
1990$1,156.064.10%
1991$1,187.012.68%
1992$1,228.883.53%
1993$1,267.113.11%
1994$1,307.163.16%
1995$1,338.112.37%
1996$1,382.723.33%
1997$1,414.582.30%
1998$1,440.971.87%
1999$1,486.493.16%
2000$1,548.394.16%
2001$1,606.643.76%
2002$1,634.861.76%
2003$1,663.081.73%
2004$1,710.422.85%
2005$1,757.752.77%
2006$1,785.971.61%
2007$1,831.912.57%
2008$1,902.103.83%
2009$1,892.37-0.51%
2010$1,927.321.85%
2011$1,996.603.59%
2012$2,043.212.33%
2013$2,082.821.94%
2014$2,111.971.40%
2015$2,098.81-0.62%
2016$2,131.381.55%
2017$2,177.752.18%
2018$2,229.902.40%
2019$2,276.672.10%
2020$2,302.981.16%
2021$2,414.464.84%
2022$2,594.377.45%
2023$2,664.572.71%
2024$2,729.492.44%
2025$2,792.792.32%*

* 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* $974 = $2,792.79

Therefore, according to U.S. Bureau of Labor Statistics, $974 in 1985 has the same "purchasing power" as $2,792.79 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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