Minneapolis/St. Paul, Minnesota prices:$18,950,000 in 1985$54,336,202.80 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($18,950,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $35,386,202.80 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, $18,950,000 in Minneapolis/St. Paul in the year 1985 would cost $54,336,202.80 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 $18,950,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $18,950,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$18,950,000.003.78%
1986$19,197,943.931.31%
1987$19,764,672.902.95%
1988$20,756,448.605.02%
1989$21,606,542.064.10%
1990$22,492,056.074.10%
1991$23,094,205.612.68%
1992$23,908,878.503.53%
1993$24,652,710.283.11%
1994$25,431,962.623.16%
1995$26,034,112.152.37%
1996$26,901,915.893.33%
1997$27,521,775.702.30%
1998$28,035,373.831.87%
1999$28,920,887.853.16%
2000$30,125,186.924.16%
2001$31,258,644.863.76%
2002$31,807,663.551.76%
2003$32,356,682.241.73%
2004$33,277,616.822.85%
2005$34,198,551.402.77%
2006$34,747,570.091.61%
2007$35,641,407.942.57%
2008$37,007,047.663.83%
2009$36,817,724.77-0.51%
2010$37,497,622.431.85%
2011$38,845,551.873.59%
2012$39,752,318.222.33%
2013$40,523,069.631.94%
2014$41,090,152.801.40%
2015$40,834,062.15-0.62%
2016$41,467,735.981.55%
2017$42,369,897.662.18%
2018$43,384,696.732.40%
2019$44,294,473.832.10%
2020$44,806,478.041.16%
2021$46,975,456.074.84%
2022$50,475,715.897.45%
2023$51,841,532.712.71%
2024$53,104,629.912.44%
2025$54,336,202.802.32%*

* 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* $18,950,000 = $54,336,202.80

Therefore, according to U.S. Bureau of Labor Statistics, $18,950,000 in 1985 has the same "purchasing power" as $54,336,202.80 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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