Minneapolis/St. Paul, Minnesota prices:$1,950,000 in 1985$5,591,324.30 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($1,950,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $3,641,324.30 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, $1,950,000 in Minneapolis/St. Paul in the year 1985 would cost $5,591,324.30 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 $1,950,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,950,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,950,000.003.78%
1986$1,975,514.021.31%
1987$2,033,831.782.95%
1988$2,135,887.855.02%
1989$2,223,364.494.10%
1990$2,314,485.984.10%
1991$2,376,448.602.68%
1992$2,460,280.373.53%
1993$2,536,822.433.11%
1994$2,617,009.353.16%
1995$2,678,971.962.37%
1996$2,768,271.033.33%
1997$2,832,056.072.30%
1998$2,884,906.541.87%
1999$2,976,028.043.16%
2000$3,099,953.274.16%
2001$3,216,588.793.76%
2002$3,273,084.111.76%
2003$3,329,579.441.73%
2004$3,424,345.792.85%
2005$3,519,112.152.77%
2006$3,575,607.481.61%
2007$3,667,585.512.57%
2008$3,808,113.083.83%
2009$3,788,631.31-0.51%
2010$3,858,594.391.85%
2011$3,997,299.533.59%
2012$4,090,607.942.33%
2013$4,169,920.091.94%
2014$4,228,274.301.40%
2015$4,201,921.96-0.62%
2016$4,267,128.501.55%
2017$4,359,963.082.18%
2018$4,464,388.322.40%
2019$4,558,006.542.10%
2020$4,610,692.991.16%
2021$4,833,885.984.84%
2022$5,194,071.037.45%
2023$5,334,616.822.71%
2024$5,464,592.522.44%
2025$5,591,324.302.32%*

* 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* $1,950,000 = $5,591,324.30

Therefore, according to U.S. Bureau of Labor Statistics, $1,950,000 in 1985 has the same "purchasing power" as $5,591,324.30 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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