Minneapolis/St. Paul, Minnesota prices:$1,947 in 1985$5,582.72 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2025 ($1,947)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $3,635.72 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, $1,947 in Minneapolis/St. Paul in the year 1985 would cost $5,582.72 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
San Francisco, California · Admission to sporting events · Indoor plants and flowers · Medical care · More

Buying power of $1,947.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,947 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,947.003.78%
1986$1,972.471.31%
1987$2,030.702.95%
1988$2,132.605.02%
1989$2,219.944.10%
1990$2,310.934.10%
1991$2,372.792.68%
1992$2,456.503.53%
1993$2,532.923.11%
1994$2,612.983.16%
1995$2,674.852.37%
1996$2,764.013.33%
1997$2,827.702.30%
1998$2,880.471.87%
1999$2,971.453.16%
2000$3,095.184.16%
2001$3,211.643.76%
2002$3,268.051.76%
2003$3,324.461.73%
2004$3,419.082.85%
2005$3,513.702.77%
2006$3,570.111.61%
2007$3,661.942.57%
2008$3,802.253.83%
2009$3,782.80-0.51%
2010$3,852.661.85%
2011$3,991.153.59%
2012$4,084.312.33%
2013$4,163.501.94%
2014$4,221.771.40%
2015$4,195.46-0.62%
2016$4,260.561.55%
2017$4,353.262.18%
2018$4,457.522.40%
2019$4,550.992.10%
2020$4,603.601.16%
2021$4,826.454.84%
2022$5,186.087.45%
2023$5,326.412.71%
2024$5,456.192.44%
2025$5,582.722.32%*

* 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* $1,947 = $5,582.72

Therefore, according to U.S. Bureau of Labor Statistics, $1,947 in 1985 has the same "purchasing power" as $5,582.72 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.

» Read more about inflation and investment.