Minneapolis/St. Paul, Minnesota prices:$245,521 in 1985$703,993.61 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($245,521)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $458,472.61 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, $245,521 in Minneapolis/St. Paul in the year 1985 would cost $703,993.61 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 $245,521.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $245,521 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$245,521.003.78%
1986$248,733.421.31%
1987$256,076.112.95%
1988$268,925.815.02%
1989$279,939.834.10%
1990$291,412.784.10%
1991$299,214.382.68%
1992$309,769.493.53%
1993$319,406.763.11%
1994$329,502.953.16%
1995$337,304.552.37%
1996$348,548.043.33%
1997$356,579.102.30%
1998$363,233.401.87%
1999$374,706.353.16%
2000$390,309.554.16%
2001$404,994.923.76%
2002$412,108.151.76%
2003$419,221.371.73%
2004$431,153.232.85%
2005$443,085.092.77%
2006$450,198.321.61%
2007$461,779.112.57%
2008$479,472.683.83%
2009$477,019.77-0.51%
2010$485,828.691.85%
2011$503,292.813.59%
2012$515,041.102.33%
2013$525,027.151.94%
2014$532,374.431.40%
2015$529,056.45-0.62%
2016$537,266.491.55%
2017$548,955.132.18%
2018$562,103.122.40%
2019$573,890.422.10%
2020$580,524.081.16%
2021$608,625.914.84%
2022$653,976.167.45%
2023$671,672.032.71%
2024$688,037.042.44%
2025$703,993.612.32%*

* 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* $245,521 = $703,993.61

Therefore, according to U.S. Bureau of Labor Statistics, $245,521 in 1985 has the same "purchasing power" as $703,993.61 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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