Minneapolis/St. Paul, Minnesota prices:$14,240 in 1985$40,831 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($14,240)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $26,591 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, $14,240 in Minneapolis/St. Paul in the year 1985 would cost $40,831 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
Alcoholic beverages · Airline fares · Medical care · Milk · More

Buying power of $14,240.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $14,240 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$14,240.003.78%
1986$14,426.321.31%
1987$14,852.192.95%
1988$15,597.465.02%
1989$16,236.264.10%
1990$16,901.684.10%
1991$17,354.172.68%
1992$17,966.363.53%
1993$18,525.313.11%
1994$19,110.883.16%
1995$19,563.362.37%
1996$20,215.483.33%
1997$20,681.272.30%
1998$21,067.211.87%
1999$21,732.643.16%
2000$22,637.614.16%
2001$23,489.353.76%
2002$23,901.911.76%
2003$24,314.471.73%
2004$25,006.502.85%
2005$25,698.542.77%
2006$26,111.101.61%
2007$26,782.782.57%
2008$27,808.993.83%
2009$27,666.72-0.51%
2010$28,177.631.85%
2011$29,190.543.59%
2012$29,871.932.33%
2013$30,451.111.94%
2014$30,877.241.40%
2015$30,684.80-0.62%
2016$31,160.981.55%
2017$31,838.912.18%
2018$32,601.482.40%
2019$33,285.132.10%
2020$33,669.881.16%
2021$35,299.764.84%
2022$37,930.047.45%
2023$38,956.382.71%
2024$39,905.542.44%
2025$40,831.002.32%*

* 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* $14,240 = $40,831

Therefore, according to U.S. Bureau of Labor Statistics, $14,240 in 1985 has the same "purchasing power" as $40,831 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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