Minneapolis/St. Paul, Minnesota prices:$23,900,000 in 1985$68,529,564.49 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($23,900,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $44,629,564.49 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, $23,900,000 in Minneapolis/St. Paul in the year 1985 would cost $68,529,564.49 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
Educational books and supplies · Alcoholic beverages · Minneapolis-St Paul, Minnesota · Detroit, Michigan · More

Buying power of $23,900,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $23,900,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$23,900,000.003.78%
1986$24,212,710.281.31%
1987$24,927,476.642.95%
1988$26,178,317.765.02%
1989$27,250,467.294.10%
1990$28,367,289.724.10%
1991$29,126,728.972.68%
1992$30,154,205.613.53%
1993$31,092,336.453.11%
1994$32,075,140.193.16%
1995$32,834,579.442.37%
1996$33,929,065.423.33%
1997$34,710,841.122.30%
1998$35,358,598.131.87%
1999$36,475,420.563.16%
2000$37,994,299.074.16%
2001$39,423,831.783.76%
2002$40,116,261.681.76%
2003$40,808,691.591.73%
2004$41,970,186.922.85%
2005$43,131,682.242.77%
2006$43,824,112.151.61%
2007$44,951,432.712.57%
2008$46,673,796.263.83%
2009$46,435,019.63-0.51%
2010$47,292,515.891.85%
2011$48,992,542.993.59%
2012$50,136,169.162.33%
2013$51,108,251.401.94%
2014$51,823,464.491.40%
2015$51,500,479.44-0.62%
2016$52,299,677.571.55%
2017$53,437,496.262.18%
2018$54,717,374.772.40%
2019$55,864,798.132.10%
2020$56,510,544.861.16%
2021$59,246,089.724.84%
2022$63,660,665.427.45%
2023$65,383,252.342.71%
2024$66,976,287.852.44%
2025$68,529,564.492.32%*

* 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* $23,900,000 = $68,529,564.49

Therefore, according to U.S. Bureau of Labor Statistics, $23,900,000 in 1985 has the same "purchasing power" as $68,529,564.49 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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