Minneapolis/St. Paul, Minnesota prices:$1,624 in 1985$4,656.57 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($1,624)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $3,032.57 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, $1,624 in Minneapolis/St. Paul in the year 1985 would cost $4,656.57 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
Gasoline (all types) · Women's apparel · Housing · Boston, Massachusetts · More

Buying power of $1,624.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,624 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,624.003.78%
1986$1,645.251.31%
1987$1,693.822.95%
1988$1,778.815.02%
1989$1,851.664.10%
1990$1,927.554.10%
1991$1,979.162.68%
1992$2,048.973.53%
1993$2,112.723.11%
1994$2,179.503.16%
1995$2,231.102.37%
1996$2,305.473.33%
1997$2,358.592.30%
1998$2,402.611.87%
1999$2,478.503.16%
2000$2,581.704.16%
2001$2,678.843.76%
2002$2,725.891.76%
2003$2,772.941.73%
2004$2,851.872.85%
2005$2,930.792.77%
2006$2,977.841.61%
2007$3,054.442.57%
2008$3,171.473.83%
2009$3,155.25-0.51%
2010$3,213.521.85%
2011$3,329.033.59%
2012$3,406.742.33%
2013$3,472.791.94%
2014$3,521.391.40%
2015$3,499.45-0.62%
2016$3,553.751.55%
2017$3,631.072.18%
2018$3,718.032.40%
2019$3,796.002.10%
2020$3,839.881.16%
2021$4,025.764.84%
2022$4,325.737.45%
2023$4,442.782.71%
2024$4,551.022.44%
2025$4,656.572.32%*

* 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* $1,624 = $4,656.57

Therefore, according to U.S. Bureau of Labor Statistics, $1,624 in 1985 has the same "purchasing power" as $4,656.57 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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