Minneapolis/St. Paul, Minnesota prices:$15,720 in 1985$45,074.68 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($15,720)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $29,354.68 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, $15,720 in Minneapolis/St. Paul in the year 1985 would cost $45,074.68 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
Admission to sporting events · Wireless telephone services · Airline fares · Indoor plants and flowers · More

Buying power of $15,720.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $15,720 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$15,720.003.78%
1986$15,925.681.31%
1987$16,395.812.95%
1988$17,218.545.02%
1989$17,923.744.10%
1990$18,658.324.10%
1991$19,157.832.68%
1992$19,833.643.53%
1993$20,450.693.11%
1994$21,097.123.16%
1995$21,596.642.37%
1996$22,316.523.33%
1997$22,830.732.30%
1998$23,256.791.87%
1999$23,991.363.16%
2000$24,990.394.16%
2001$25,930.653.76%
2002$26,386.091.76%
2003$26,841.531.73%
2004$27,605.502.85%
2005$28,369.462.77%
2006$28,824.901.61%
2007$29,566.382.57%
2008$30,699.253.83%
2009$30,542.20-0.51%
2010$31,106.211.85%
2011$32,224.383.59%
2012$32,976.592.33%
2013$33,615.971.94%
2014$34,086.401.40%
2015$33,873.96-0.62%
2016$34,399.621.55%
2017$35,148.012.18%
2018$35,989.842.40%
2019$36,744.552.10%
2020$37,169.281.16%
2021$38,968.564.84%
2022$41,872.207.45%
2023$43,005.222.71%
2024$44,053.022.44%
2025$45,074.682.32%*

* 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* $15,720 = $45,074.68

Therefore, according to U.S. Bureau of Labor Statistics, $15,720 in 1985 has the same "purchasing power" as $45,074.68 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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