Minneapolis/St. Paul, Minnesota prices:$14,950,000 in 1985$42,866,819.63 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($14,950,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $27,916,819.63 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, $14,950,000 in Minneapolis/St. Paul in the year 1985 would cost $42,866,819.63 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 $14,950,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $14,950,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$14,950,000.003.78%
1986$15,145,607.481.31%
1987$15,592,710.282.95%
1988$16,375,140.195.02%
1989$17,045,794.394.10%
1990$17,744,392.524.10%
1991$18,219,439.252.68%
1992$18,862,149.533.53%
1993$19,448,971.963.11%
1994$20,063,738.323.16%
1995$20,538,785.052.37%
1996$21,223,411.213.33%
1997$21,712,429.912.30%
1998$22,117,616.821.87%
1999$22,816,214.953.16%
2000$23,766,308.414.16%
2001$24,660,514.023.76%
2002$25,093,644.861.76%
2003$25,526,775.701.73%
2004$26,253,317.762.85%
2005$26,979,859.812.77%
2006$27,412,990.651.61%
2007$28,118,155.612.57%
2008$29,195,533.643.83%
2009$29,046,173.36-0.51%
2010$29,582,557.011.85%
2011$30,645,963.083.59%
2012$31,361,327.572.33%
2013$31,969,387.381.94%
2014$32,416,769.631.40%
2015$32,214,735.05-0.62%
2016$32,714,651.871.55%
2017$33,426,383.642.18%
2018$34,226,977.102.40%
2019$34,944,716.822.10%
2020$35,348,646.261.16%
2021$37,059,792.524.84%
2022$39,821,211.217.45%
2023$40,898,728.972.71%
2024$41,895,209.352.44%
2025$42,866,819.632.32%*

* 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* $14,950,000 = $42,866,819.63

Therefore, according to U.S. Bureau of Labor Statistics, $14,950,000 in 1985 has the same "purchasing power" as $42,866,819.63 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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