Minneapolis/St. Paul, Minnesota prices:$1,750,000 in 1985$5,017,855.14 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($1,750,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $3,267,855.14 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, $1,750,000 in Minneapolis/St. Paul in the year 1985 would cost $5,017,855.14 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
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Buying power of $1,750,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,750,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,750,000.003.78%
1986$1,772,897.201.31%
1987$1,825,233.642.95%
1988$1,916,822.435.02%
1989$1,995,327.104.10%
1990$2,077,102.804.10%
1991$2,132,710.282.68%
1992$2,207,943.933.53%
1993$2,276,635.513.11%
1994$2,348,598.133.16%
1995$2,404,205.612.37%
1996$2,484,345.793.33%
1997$2,541,588.792.30%
1998$2,589,018.691.87%
1999$2,670,794.393.16%
2000$2,782,009.354.16%
2001$2,886,682.243.76%
2002$2,937,383.181.76%
2003$2,988,084.111.73%
2004$3,073,130.842.85%
2005$3,158,177.572.77%
2006$3,208,878.501.61%
2007$3,291,422.902.57%
2008$3,417,537.383.83%
2009$3,400,053.74-0.51%
2010$3,462,841.121.85%
2011$3,587,320.093.59%
2012$3,671,058.412.33%
2013$3,742,235.981.94%
2014$3,794,605.141.40%
2015$3,770,955.61-0.62%
2016$3,829,474.301.55%
2017$3,912,787.382.18%
2018$4,006,502.342.40%
2019$4,090,518.692.10%
2020$4,137,801.401.16%
2021$4,338,102.804.84%
2022$4,661,345.797.45%
2023$4,787,476.642.71%
2024$4,904,121.502.44%
2025$5,017,855.142.32%*

* 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* $1,750,000 = $5,017,855.14

Therefore, according to U.S. Bureau of Labor Statistics, $1,750,000 in 1985 has the same "purchasing power" as $5,017,855.14 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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