Minneapolis/St. Paul, Minnesota prices: $11,798 in 1985 $33,062.19 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($11,798)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $21,264.19 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, $11,798 in Minneapolis/St. Paul in the year 1985 would cost $33,062.19 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
Parking fees and tolls · Fresh fruits · Televisions · New cars · More

Buying power of $11,798.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $11,798 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$11,798.003.78%
1986$11,952.371.31%
1987$12,305.202.95%
1988$12,922.675.02%
1989$13,451.934.10%
1990$14,003.234.10%
1991$14,378.122.68%
1992$14,885.333.53%
1993$15,348.433.11%
1994$15,833.583.16%
1995$16,208.472.37%
1996$16,748.753.33%
1997$17,134.672.30%
1998$17,454.421.87%
1999$18,005.733.16%
2000$18,755.514.16%
2001$19,461.193.76%
2002$19,803.001.76%
2003$20,144.811.73%
2004$20,718.172.85%
2005$21,291.532.77%
2006$21,633.341.61%
2007$22,189.832.57%
2008$23,040.063.83%
2009$22,922.19-0.51%
2010$23,345.491.85%
2011$24,184.693.59%
2012$24,749.232.33%
2013$25,229.091.94%
2014$25,582.141.40%
2015$25,422.71-0.62%
2016$25,817.221.55%
2017$26,378.892.18%
2018$27,010.692.40%
2019$27,577.112.10%
2020$27,895.871.16%
2021$29,246.254.84%
2022$31,425.467.45%
2023$32,275.802.71%
2024$33,062.192.44%
2025$33,062.190.00% **
2026$33,062.190.00% **

* 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 * $11,798 = $33,062.19

Therefore, according to U.S. Bureau of Labor Statistics, $11,798 in 1985 has the same "purchasing power" as $33,062.19 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.

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