Minneapolis/St. Paul, Minnesota prices:$308,000 in 1985$883,142.50 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($308,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $575,142.50 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, $308,000 in Minneapolis/St. Paul in the year 1985 would cost $883,142.50 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
Dental services · Bread · Legal services · Bananas · More

Buying power of $308,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $308,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$308,000.003.78%
1986$312,029.911.31%
1987$321,241.122.95%
1988$337,360.755.02%
1989$351,177.574.10%
1990$365,570.094.10%
1991$375,357.012.68%
1992$388,598.133.53%
1993$400,687.853.11%
1994$413,353.273.16%
1995$423,140.192.37%
1996$437,244.863.33%
1997$447,319.632.30%
1998$455,667.291.87%
1999$470,059.813.16%
2000$489,633.644.16%
2001$508,056.073.76%
2002$516,979.441.76%
2003$525,902.801.73%
2004$540,871.032.85%
2005$555,839.252.77%
2006$564,762.621.61%
2007$579,290.432.57%
2008$601,486.583.83%
2009$598,409.46-0.51%
2010$609,460.041.85%
2011$631,368.343.59%
2012$646,106.282.33%
2013$658,633.531.94%
2014$667,850.501.40%
2015$663,688.19-0.62%
2016$673,987.481.55%
2017$688,650.582.18%
2018$705,144.412.40%
2019$719,931.292.10%
2020$728,253.051.16%
2021$763,506.094.84%
2022$820,396.867.45%
2023$842,595.892.71%
2024$863,125.382.44%
2025$883,142.502.32%*

* 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* $308,000 = $883,142.50

Therefore, according to U.S. Bureau of Labor Statistics, $308,000 in 1985 has the same "purchasing power" as $883,142.50 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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