Minneapolis/St. Paul, Minnesota prices: $16.89 in 1985 $47.33 in 2026

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2026 ($16.89)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $30.44 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, $16.89 in Minneapolis/St. Paul in the year 1985 would cost $47.33 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
Bananas · Wireless telephone services · St Louis, Missouri · Dallas-Fort Worth, Texas · More

Buying power of $16.89 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $16.89 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$16.893.78%
1986$17.111.31%
1987$17.622.95%
1988$18.505.02%
1989$19.264.10%
1990$20.054.10%
1991$20.582.68%
1992$21.313.53%
1993$21.973.11%
1994$22.673.16%
1995$23.202.37%
1996$23.983.33%
1997$24.532.30%
1998$24.991.87%
1999$25.783.16%
2000$26.854.16%
2001$27.863.76%
2002$28.351.76%
2003$28.841.73%
2004$29.662.85%
2005$30.482.77%
2006$30.971.61%
2007$31.772.57%
2008$32.983.83%
2009$32.82-0.51%
2010$33.421.85%
2011$34.623.59%
2012$35.432.33%
2013$36.121.94%
2014$36.621.40%
2015$36.40-0.62%
2016$36.961.55%
2017$37.762.18%
2018$38.672.40%
2019$39.482.10%
2020$39.941.16%
2021$41.874.84%
2022$44.997.45%
2023$46.212.71%
2024$47.332.44%
2025$47.330.00% **
2026$47.330.00% **

* 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 * $16.89 = $47.33

Therefore, according to U.S. Bureau of Labor Statistics, $16.89 in 1985 has the same "purchasing power" as $47.33 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.

» Read more about inflation and investment.