Minneapolis/St. Paul, Minnesota prices:$1,501 in 1985$4,303.89 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($1,501)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $2,802.89 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, $1,501 in Minneapolis/St. Paul in the year 1985 would cost $4,303.89 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%).

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Buying power of $1,501.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,501 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,501.003.78%
1986$1,520.641.31%
1987$1,565.532.95%
1988$1,644.095.02%
1989$1,711.424.10%
1990$1,781.564.10%
1991$1,829.262.68%
1992$1,893.793.53%
1993$1,952.703.11%
1994$2,014.433.16%
1995$2,062.122.37%
1996$2,130.863.33%
1997$2,179.962.30%
1998$2,220.641.87%
1999$2,290.783.16%
2000$2,386.174.16%
2001$2,475.953.76%
2002$2,519.441.76%
2003$2,562.921.73%
2004$2,635.872.85%
2005$2,708.812.77%
2006$2,752.301.61%
2007$2,823.102.57%
2008$2,931.273.83%
2009$2,916.27-0.51%
2010$2,970.131.85%
2011$3,076.903.59%
2012$3,148.722.33%
2013$3,209.771.94%
2014$3,254.691.40%
2015$3,234.40-0.62%
2016$3,284.591.55%
2017$3,356.052.18%
2018$3,436.432.40%
2019$3,508.502.10%
2020$3,549.051.16%
2021$3,720.854.84%
2022$3,998.107.45%
2023$4,106.292.71%
2024$4,206.342.44%
2025$4,303.892.32%*

* 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* $1,501 = $4,303.89

Therefore, according to U.S. Bureau of Labor Statistics, $1,501 in 1985 has the same "purchasing power" as $4,303.89 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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