Minneapolis/St. Paul, Minnesota prices: $22,795 in 1985 $63,879.69 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($22,795)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $41,084.69 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, $22,795 in Minneapolis/St. Paul in the year 1985 would cost $63,879.69 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
Televisions · Food · Minneapolis-St Paul, Minnesota · Detroit, Michigan · More

Buying power of $22,795.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $22,795 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$22,795.003.78%
1986$23,093.251.31%
1987$23,774.972.95%
1988$24,967.985.02%
1989$25,990.564.10%
1990$27,055.754.10%
1991$27,780.072.68%
1992$28,760.053.53%
1993$29,654.803.11%
1994$30,592.173.16%
1995$31,316.502.37%
1996$32,360.383.33%
1997$33,106.012.30%
1998$33,723.821.87%
1999$34,789.003.16%
2000$36,237.664.16%
2001$37,601.103.76%
2002$38,261.511.76%
2003$38,921.931.73%
2004$40,029.722.85%
2005$41,137.522.77%
2006$41,797.931.61%
2007$42,873.132.57%
2008$44,515.873.83%
2009$44,288.13-0.51%
2010$45,105.981.85%
2011$46,727.413.59%
2012$47,818.162.33%
2013$48,745.301.94%
2014$49,427.441.40%
2015$49,119.39-0.62%
2016$49,881.641.55%
2017$50,966.852.18%
2018$52,187.552.40%
2019$53,281.932.10%
2020$53,897.821.16%
2021$56,506.894.84%
2022$60,717.367.45%
2023$62,360.302.71%
2024$63,879.692.44%
2025$63,879.690.00% **
2026$63,879.690.00% **

* 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 * $22,795 = $63,879.69

Therefore, according to U.S. Bureau of Labor Statistics, $22,795 in 1985 has the same "purchasing power" as $63,879.69 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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