Minneapolis/St. Paul, Minnesota prices:$249,465 in 1985$715,302.42 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($249,465)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $465,837.42 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, $249,465 in Minneapolis/St. Paul in the year 1985 would cost $715,302.42 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%).

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Buying power of $249,465.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $249,465 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$249,465.003.78%
1986$252,729.031.31%
1987$260,189.662.95%
1988$273,245.785.02%
1989$284,436.734.10%
1990$296,093.974.10%
1991$304,020.902.68%
1992$314,745.563.53%
1993$324,537.643.11%
1994$334,796.023.16%
1995$342,722.942.37%
1996$354,147.043.33%
1997$362,307.112.30%
1998$369,068.311.87%
1999$380,725.563.16%
2000$396,579.414.16%
2001$411,500.683.76%
2002$418,728.171.76%
2003$425,955.661.73%
2004$438,079.192.85%
2005$450,202.722.77%
2006$457,430.211.61%
2007$469,197.042.57%
2008$487,174.843.83%
2009$484,682.52-0.51%
2010$493,632.951.85%
2011$511,377.603.59%
2012$523,314.622.33%
2013$533,461.091.94%
2014$540,926.381.40%
2015$537,555.11-0.62%
2016$545,897.031.55%
2017$557,773.432.18%
2018$571,132.632.40%
2019$583,109.282.10%
2020$589,849.501.16%
2021$618,402.754.84%
2022$664,481.507.45%
2023$682,461.632.71%
2024$699,089.532.44%
2025$715,302.422.32%*

* 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* $249,465 = $715,302.42

Therefore, according to U.S. Bureau of Labor Statistics, $249,465 in 1985 has the same "purchasing power" as $715,302.42 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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