Minneapolis/St. Paul, Minnesota prices: $200 in 1985 $547.14 in 2023

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2023 ($200)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 173.57% higher in 2023 versus 1985 (a $347.14 difference in value).

Between 1985 and 2023: Minneapolis/St. Paul experienced an average inflation rate of 2.68% per year. This rate of change indicates significant inflation. In other words, $200 in Minneapolis/St. Paul in the year 1985 would cost $547.14 in 2023 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 1985-2023 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
Gasoline (all types) · Indoor plants and flowers · Women's apparel · Wine at home · More

Buying power of $200.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $200 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$200.003.78%
1986$202.621.31%
1987$208.602.95%
1988$219.075.02%
1989$228.044.10%
1990$237.384.10%
1991$243.742.68%
1992$252.343.53%
1993$260.193.11%
1994$268.413.16%
1995$274.772.37%
1996$283.933.33%
1997$290.472.30%
1998$295.891.87%
1999$305.233.16%
2000$317.944.16%
2001$329.913.76%
2002$335.701.76%
2003$341.501.73%
2004$351.212.85%
2005$360.932.77%
2006$366.731.61%
2007$376.162.57%
2008$390.583.83%
2009$388.58-0.51%
2010$395.751.85%
2011$409.983.59%
2012$419.552.33%
2013$427.681.94%
2014$433.671.40%
2015$430.97-0.62%
2016$437.651.55%
2017$447.182.18%
2018$457.892.40%
2019$467.492.10%
2020$472.891.16%
2021$495.784.84%
2022$532.737.45%
2023$547.142.71%*

* 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:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1985 * 1985 USD value = 2023 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 292.720 in 2023:

292.720 / 107.000 * $200 = $547.14

Therefore, according to U.S. Bureau of Labor Statistics, $200 in 1985 has the same "purchasing power" as $547.14 in 2023 (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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