Minneapolis/St. Paul, Minnesota prices:$28,424 in 1985$81,501.44 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($28,424)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $53,077.44 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, $28,424 in Minneapolis/St. Paul in the year 1985 would cost $81,501.44 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 $28,424.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $28,424 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$28,424.003.78%
1986$28,795.901.31%
1987$29,645.972.95%
1988$31,133.585.02%
1989$32,408.674.10%
1990$33,736.904.10%
1991$34,640.092.68%
1992$35,862.063.53%
1993$36,977.763.11%
1994$38,146.603.16%
1995$39,049.792.37%
1996$40,351.453.33%
1997$41,281.212.30%
1998$42,051.581.87%
1999$43,379.813.16%
2000$45,186.194.16%
2001$46,886.323.76%
2002$47,709.821.76%
2003$48,533.321.73%
2004$49,914.672.85%
2005$51,296.022.77%
2006$52,119.521.61%
2007$53,460.232.57%
2008$55,508.623.83%
2009$55,224.64-0.51%
2010$56,244.451.85%
2011$58,266.283.59%
2012$59,626.382.33%
2013$60,782.471.94%
2014$61,633.061.40%
2015$61,248.94-0.62%
2016$62,199.421.55%
2017$63,552.612.18%
2018$65,074.762.40%
2019$66,439.372.10%
2020$67,207.351.16%
2021$70,460.714.84%
2022$75,710.917.45%
2023$77,759.562.71%
2024$79,654.142.44%
2025$81,501.442.32%*

* 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* $28,424 = $81,501.44

Therefore, according to U.S. Bureau of Labor Statistics, $28,424 in 1985 has the same "purchasing power" as $81,501.44 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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