Minneapolis/St. Paul, Minnesota prices:$304,000 in 1985$871,673.12 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($304,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $567,673.12 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, $304,000 in Minneapolis/St. Paul in the year 1985 would cost $871,673.12 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 $304,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $304,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$304,000.003.78%
1986$307,977.571.31%
1987$317,069.162.95%
1988$332,979.445.02%
1989$346,616.824.10%
1990$360,822.434.10%
1991$370,482.242.68%
1992$383,551.403.53%
1993$395,484.113.11%
1994$407,985.053.16%
1995$417,644.862.37%
1996$431,566.363.33%
1997$441,510.282.30%
1998$449,749.531.87%
1999$463,955.143.16%
2000$483,274.774.16%
2001$501,457.943.76%
2002$510,265.421.76%
2003$519,072.901.73%
2004$533,846.732.85%
2005$548,620.562.77%
2006$557,428.041.61%
2007$571,767.182.57%
2008$593,675.073.83%
2009$590,637.91-0.51%
2010$601,544.971.85%
2011$623,168.753.59%
2012$637,715.292.33%
2013$650,079.851.94%
2014$659,177.121.40%
2015$655,068.86-0.62%
2016$665,234.391.55%
2017$679,707.072.18%
2018$695,986.692.40%
2019$710,581.532.10%
2020$718,795.211.16%
2021$753,590.434.84%
2022$809,742.367.45%
2023$831,653.082.71%
2024$851,915.962.44%
2025$871,673.122.32%*

* 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* $304,000 = $871,673.12

Therefore, according to U.S. Bureau of Labor Statistics, $304,000 in 1985 has the same "purchasing power" as $871,673.12 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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