Minneapolis/St. Paul, Minnesota prices: $16,900 in 1985 $47,359.80 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($16,900)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $30,459.80 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, $16,900 in Minneapolis/St. Paul in the year 1985 would cost $47,359.80 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
Alcoholic beverages · Wireless telephone services · Dental services · Juices and nonalcoholic drinks · More

Buying power of $16,900.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $16,900 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$16,900.003.78%
1986$17,121.121.31%
1987$17,626.542.95%
1988$18,511.035.02%
1989$19,269.164.10%
1990$20,058.884.10%
1991$20,595.892.68%
1992$21,322.433.53%
1993$21,985.793.11%
1994$22,680.753.16%
1995$23,217.762.37%
1996$23,991.683.33%
1997$24,544.492.30%
1998$25,002.521.87%
1999$25,792.243.16%
2000$26,866.264.16%
2001$27,877.103.76%
2002$28,366.731.76%
2003$28,856.361.73%
2004$29,677.662.85%
2005$30,498.972.77%
2006$30,988.601.61%
2007$31,785.742.57%
2008$33,003.653.83%
2009$32,834.80-0.51%
2010$33,441.151.85%
2011$34,643.263.59%
2012$35,451.942.33%
2013$36,139.311.94%
2014$36,645.041.40%
2015$36,416.66-0.62%
2016$36,981.781.55%
2017$37,786.352.18%
2018$38,691.372.40%
2019$39,502.722.10%
2020$39,959.341.16%
2021$41,893.684.84%
2022$45,015.287.45%
2023$46,233.352.71%
2024$47,359.802.44%
2025$47,359.800.00% **
2026$47,359.800.00% **

* 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 * $16,900 = $47,359.80

Therefore, according to U.S. Bureau of Labor Statistics, $16,900 in 1985 has the same "purchasing power" as $47,359.80 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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