Minneapolis/St. Paul, Minnesota prices:$2,894 in 1985$8,298.10 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($2,894)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $5,404.10 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, $2,894 in Minneapolis/St. Paul in the year 1985 would cost $8,298.10 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 $2,894.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $2,894 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$2,894.003.78%
1986$2,931.871.31%
1987$3,018.412.95%
1988$3,169.885.02%
1989$3,299.704.10%
1990$3,434.934.10%
1991$3,526.892.68%
1992$3,651.313.53%
1993$3,764.903.11%
1994$3,883.913.16%
1995$3,975.872.37%
1996$4,108.403.33%
1997$4,203.062.30%
1998$4,281.501.87%
1999$4,416.733.16%
2000$4,600.654.16%
2001$4,773.753.76%
2002$4,857.591.76%
2003$4,941.441.73%
2004$5,082.082.85%
2005$5,222.722.77%
2006$5,306.571.61%
2007$5,443.072.57%
2008$5,651.633.83%
2009$5,622.72-0.51%
2010$5,726.551.85%
2011$5,932.403.59%
2012$6,070.882.33%
2013$6,188.591.94%
2014$6,275.191.40%
2015$6,236.08-0.62%
2016$6,332.861.55%
2017$6,470.632.18%
2018$6,625.612.40%
2019$6,764.552.10%
2020$6,842.741.16%
2021$7,173.984.84%
2022$7,708.537.45%
2023$7,917.122.71%
2024$8,110.022.44%
2025$8,298.102.32%*

* 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* $2,894 = $8,298.10

Therefore, according to U.S. Bureau of Labor Statistics, $2,894 in 1985 has the same "purchasing power" as $8,298.10 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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