Minneapolis/St. Paul, Minnesota prices:$23,213,568 in 1985$66,561,326.58 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($23,213,568)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $43,347,758.58 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, $23,213,568 in Minneapolis/St. Paul in the year 1985 would cost $66,561,326.58 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
Wine at home · Food · Minneapolis-St Paul, Minnesota · Atlanta, Georgia · More

Buying power of $23,213,568.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $23,213,568 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$23,213,568.003.78%
1986$23,517,296.931.31%
1987$24,211,534.472.95%
1988$25,426,450.185.02%
1989$26,467,806.504.10%
1990$27,552,552.674.10%
1991$28,290,180.072.68%
1992$29,288,146.543.53%
1993$30,199,333.323.11%
1994$31,153,909.953.16%
1995$31,891,537.352.37%
1996$32,954,588.593.33%
1997$33,713,910.912.30%
1998$34,343,063.691.87%
1999$35,427,809.853.16%
2000$36,903,064.644.16%
2001$38,291,539.743.76%
2002$38,964,082.361.76%
2003$39,636,624.991.73%
2004$40,764,761.002.85%
2005$41,892,897.022.77%
2006$42,565,439.641.61%
2007$43,660,382.422.57%
2008$45,333,277.963.83%
2009$45,101,359.23-0.51%
2010$45,934,227.341.85%
2011$47,585,427.963.59%
2012$48,696,208.032.33%
2013$49,640,371.101.94%
2014$50,335,042.551.40%
2015$50,021,333.95-0.62%
2016$50,797,578.311.55%
2017$51,902,717.712.18%
2018$53,145,836.822.40%
2019$54,260,305.032.10%
2020$54,887,505.261.16%
2021$57,544,482.534.84%
2022$61,832,267.187.45%
2023$63,505,379.672.71%
2024$65,052,661.612.44%
2025$66,561,326.582.32%*

* 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* $23,213,568 = $66,561,326.58

Therefore, according to U.S. Bureau of Labor Statistics, $23,213,568 in 1985 has the same "purchasing power" as $66,561,326.58 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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