Minneapolis/St. Paul, Minnesota prices: $13.82 in 1985 $30.90 in 2017

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2017 ($13.82)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota were 123.59% higher in 2017 versus 1985 (a $17.08 difference in value).

Between 1985 and 2017: Minneapolis/St. Paul experienced an average inflation rate of 2.55% per year. This rate of change indicates significant inflation. In other words, $13.82 in Minneapolis/St. Paul in the year 1985 would cost $30.90 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.61% 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 1985-2017 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 $13.82 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $13.82 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$13.823.78%
1986$14.001.31%
1987$14.412.95%
1988$15.145.02%
1989$15.764.10%
1990$16.404.10%
1991$16.842.68%
1992$17.443.53%
1993$17.983.11%
1994$18.553.16%
1995$18.992.37%
1996$19.623.33%
1997$20.072.30%
1998$20.451.87%
1999$21.093.16%
2000$21.974.16%
2001$22.803.76%
2002$23.201.76%
2003$23.601.73%
2004$24.272.85%
2005$24.942.77%
2006$25.341.61%
2007$25.992.57%
2008$26.993.83%
2009$26.85-0.51%
2010$27.351.85%
2011$28.333.59%
2012$28.992.33%
2013$29.551.94%
2014$29.971.40%
2015$29.78-0.62%
2016$30.241.55%
2017$30.902.18%
2018$31.642.40%
2019$32.302.10%
2020$32.681.16%
2021$34.264.84%
2022$36.817.45%
2023$37.812.71%*

* 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:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2017 / CPI in 1985 * 1985 USD value = 2017 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 239.239 in 2017:

239.239 / 107.000 * $13.82 = $30.90

Therefore, according to U.S. Bureau of Labor Statistics, $13.82 in 1985 has the same "purchasing power" as $30.90 in 2017 (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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