Minneapolis/St. Paul, Minnesota prices: $2,228 in 1985 $6,243.65 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($2,228)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $4,015.65 difference in value).

Between 1985 and 2026: Minneapolis/St. Paul experienced an average inflation rate of 2.55% per year. This rate of change indicates significant inflation. In other words, $2,228 in Minneapolis/St. Paul in the year 1985 would cost $6,243.65 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.73% 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 1985-2026 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 $2,228.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $2,228 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$2,228.003.78%
1986$2,257.151.31%
1987$2,323.782.95%
1988$2,440.395.02%
1989$2,540.344.10%
1990$2,644.454.10%
1991$2,715.242.68%
1992$2,811.033.53%
1993$2,898.483.11%
1994$2,990.103.16%
1995$3,060.902.37%
1996$3,162.933.33%
1997$3,235.812.30%
1998$3,296.191.87%
1999$3,400.303.16%
2000$3,541.904.16%
2001$3,675.163.76%
2002$3,739.711.76%
2003$3,804.261.73%
2004$3,912.532.85%
2005$4,020.812.77%
2006$4,085.361.61%
2007$4,190.452.57%
2008$4,351.013.83%
2009$4,328.75-0.51%
2010$4,408.691.85%
2011$4,567.173.59%
2012$4,673.782.33%
2013$4,764.401.94%
2014$4,831.071.40%
2015$4,800.97-0.62%
2016$4,875.471.55%
2017$4,981.542.18%
2018$5,100.852.40%
2019$5,207.812.10%
2020$5,268.011.16%
2021$5,523.024.84%
2022$5,934.567.45%
2023$6,095.142.71%
2024$6,243.652.44%
2025$6,243.650.00% **
2026$6,243.650.00% **

* 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:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852299.852299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1985 * 1985 USD value = 2026 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 299.852 in 2026:

299.852 / 107.000 * $2,228 = $6,243.65

Therefore, according to U.S. Bureau of Labor Statistics, $2,228 in 1985 has the same "purchasing power" as $6,243.65 in 2026 (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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