Minneapolis/St. Paul, Minnesota prices:$2,975 in 1985$8,530.35 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2025 ($2,975)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $5,555.35 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, $2,975 in Minneapolis/St. Paul in the year 1985 would cost $8,530.35 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
Seattle, Washington · New cars · Rent of primary residence · Admission to sporting events · More

Buying power of $2,975.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $2,975 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$2,975.003.78%
1986$3,013.931.31%
1987$3,102.902.95%
1988$3,258.605.02%
1989$3,392.064.10%
1990$3,531.074.10%
1991$3,625.612.68%
1992$3,753.503.53%
1993$3,870.283.11%
1994$3,992.623.16%
1995$4,087.152.37%
1996$4,223.393.33%
1997$4,320.702.30%
1998$4,401.331.87%
1999$4,540.353.16%
2000$4,729.424.16%
2001$4,907.363.76%
2002$4,993.551.76%
2003$5,079.741.73%
2004$5,224.322.85%
2005$5,368.902.77%
2006$5,455.091.61%
2007$5,595.422.57%
2008$5,809.813.83%
2009$5,780.09-0.51%
2010$5,886.831.85%
2011$6,098.443.59%
2012$6,240.802.33%
2013$6,361.801.94%
2014$6,450.831.40%
2015$6,410.62-0.62%
2016$6,510.111.55%
2017$6,651.742.18%
2018$6,811.052.40%
2019$6,953.882.10%
2020$7,034.261.16%
2021$7,374.774.84%
2022$7,924.297.45%
2023$8,138.712.71%
2024$8,337.012.44%
2025$8,530.352.32%*

* 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* $2,975 = $8,530.35

Therefore, according to U.S. Bureau of Labor Statistics, $2,975 in 1985 has the same "purchasing power" as $8,530.35 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.

» Read more about inflation and investment.