Minneapolis/St. Paul, Minnesota prices:$22,500,000 in 1985$64,515,280.37 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2025 ($22,500,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $42,015,280.37 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, $22,500,000 in Minneapolis/St. Paul in the year 1985 would cost $64,515,280.37 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
Bananas · Wine at home · Milk · Bread · More

Buying power of $22,500,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $22,500,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$22,500,000.003.78%
1986$22,794,392.521.31%
1987$23,467,289.722.95%
1988$24,644,859.815.02%
1989$25,654,205.614.10%
1990$26,705,607.484.10%
1991$27,420,560.752.68%
1992$28,387,850.473.53%
1993$29,271,028.043.11%
1994$30,196,261.683.16%
1995$30,911,214.952.37%
1996$31,941,588.793.33%
1997$32,677,570.092.30%
1998$33,287,383.181.87%
1999$34,338,785.053.16%
2000$35,768,691.594.16%
2001$37,114,485.983.76%
2002$37,766,355.141.76%
2003$38,418,224.301.73%
2004$39,511,682.242.85%
2005$40,605,140.192.77%
2006$41,257,009.351.61%
2007$42,318,294.392.57%
2008$43,939,766.363.83%
2009$43,714,976.64-0.51%
2010$44,522,242.991.85%
2011$46,122,686.923.59%
2012$47,199,322.432.33%
2013$48,114,462.621.94%
2014$48,787,780.371.40%
2015$48,483,714.95-0.62%
2016$49,236,098.131.55%
2017$50,307,266.362.18%
2018$51,512,172.902.40%
2019$52,592,383.182.10%
2020$53,200,303.741.16%
2021$55,775,607.484.84%
2022$59,931,588.797.45%
2023$61,553,271.032.71%
2024$63,052,990.652.44%
2025$64,515,280.372.32%*

* 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* $22,500,000 = $64,515,280.37

Therefore, according to U.S. Bureau of Labor Statistics, $22,500,000 in 1985 has the same "purchasing power" as $64,515,280.37 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.