Minneapolis/St. Paul, Minnesota prices: $1,500,001 in 1985 $4,203,535.51 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($1,500,001)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $2,703,534.51 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, $1,500,001 in Minneapolis/St. Paul in the year 1985 would cost $4,203,535.51 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
Fish and seafood · Fresh fruits · New trucks · Admission to sporting events · More

Buying power of $1,500,001.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,500,001 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,500,001.003.78%
1986$1,519,627.181.31%
1987$1,564,487.022.95%
1988$1,642,991.755.02%
1989$1,710,281.514.10%
1990$1,780,375.024.10%
1991$1,828,038.602.68%
1992$1,892,524.633.53%
1993$1,951,403.173.11%
1994$2,013,085.453.16%
1995$2,060,749.042.37%
1996$2,129,440.673.33%
1997$2,178,506.132.30%
1998$2,219,160.361.87%
1999$2,289,253.863.16%
2000$2,384,581.034.16%
2001$2,474,300.713.76%
2002$2,517,758.691.76%
2003$2,561,216.661.73%
2004$2,634,113.912.85%
2005$2,707,011.152.77%
2006$2,750,469.121.61%
2007$2,821,221.512.57%
2008$2,929,319.713.83%
2009$2,914,333.72-0.51%
2010$2,968,151.511.85%
2011$3,074,847.843.59%
2012$3,146,623.592.33%
2013$3,207,632.981.94%
2014$3,252,520.861.40%
2015$3,232,249.82-0.62%
2016$3,282,408.731.55%
2017$3,353,819.992.18%
2018$3,434,147.152.40%
2019$3,506,161.222.10%
2020$3,546,689.281.16%
2021$3,718,376.314.84%
2022$3,995,441.927.45%
2023$4,103,554.142.71%
2024$4,203,535.512.44%
2025$4,203,535.510.00% **
2026$4,203,535.510.00% **

* 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 * $1,500,001 = $4,203,535.51

Therefore, according to U.S. Bureau of Labor Statistics, $1,500,001 in 1985 has the same "purchasing power" as $4,203,535.51 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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