Minneapolis/St. Paul, Minnesota prices:$23,550,000 in 1985$67,525,993.46 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($23,550,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $43,975,993.46 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, $23,550,000 in Minneapolis/St. Paul in the year 1985 would cost $67,525,993.46 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
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Buying power of $23,550,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $23,550,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$23,550,000.003.78%
1986$23,858,130.841.31%
1987$24,562,429.912.95%
1988$25,794,953.275.02%
1989$26,851,401.874.10%
1990$27,951,869.164.10%
1991$28,700,186.922.68%
1992$29,712,616.823.53%
1993$30,637,009.353.11%
1994$31,605,420.563.16%
1995$32,353,738.322.37%
1996$33,432,196.263.33%
1997$34,202,523.362.30%
1998$34,840,794.391.87%
1999$35,941,261.683.16%
2000$37,437,897.204.16%
2001$38,846,495.333.76%
2002$39,528,785.051.76%
2003$40,211,074.771.73%
2004$41,355,560.752.85%
2005$42,500,046.732.77%
2006$43,182,336.451.61%
2007$44,293,148.132.57%
2008$45,990,288.793.83%
2009$45,755,008.88-0.51%
2010$46,599,947.661.85%
2011$48,275,078.973.59%
2012$49,401,957.482.33%
2013$50,359,804.211.94%
2014$51,064,543.461.40%
2015$50,746,288.32-0.62%
2016$51,533,782.711.55%
2017$52,654,938.792.18%
2018$53,916,074.302.40%
2019$55,046,694.392.10%
2020$55,682,984.581.16%
2021$58,378,469.164.84%
2022$62,728,396.267.45%
2023$64,425,757.012.71%
2024$65,995,463.552.44%
2025$67,525,993.462.32%*

* 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* $23,550,000 = $67,525,993.46

Therefore, according to U.S. Bureau of Labor Statistics, $23,550,000 in 1985 has the same "purchasing power" as $67,525,993.46 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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