Minneapolis/St. Paul, Minnesota prices:$324,000 in 1985$929,020.04 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($324,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $605,020.04 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, $324,000 in Minneapolis/St. Paul in the year 1985 would cost $929,020.04 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 $324,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $324,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$324,000.003.78%
1986$328,239.251.31%
1987$337,928.972.95%
1988$354,885.985.02%
1989$369,420.564.10%
1990$384,560.754.10%
1991$394,856.072.68%
1992$408,785.053.53%
1993$421,502.803.11%
1994$434,826.173.16%
1995$445,121.502.37%
1996$459,958.883.33%
1997$470,557.012.30%
1998$479,338.321.87%
1999$494,478.503.16%
2000$515,069.164.16%
2001$534,448.603.76%
2002$543,835.511.76%
2003$553,222.431.73%
2004$568,968.222.85%
2005$584,714.022.77%
2006$594,100.931.61%
2007$609,383.442.57%
2008$632,732.643.83%
2009$629,495.66-0.51%
2010$641,120.301.85%
2011$664,166.693.59%
2012$679,670.242.33%
2013$692,848.261.94%
2014$702,544.041.40%
2015$698,165.50-0.62%
2016$708,999.811.55%
2017$724,424.642.18%
2018$741,775.292.40%
2019$757,330.322.10%
2020$766,084.371.16%
2021$803,168.754.84%
2022$863,014.887.45%
2023$886,367.102.71%
2024$907,963.072.44%
2025$929,020.042.32%*

* 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* $324,000 = $929,020.04

Therefore, according to U.S. Bureau of Labor Statistics, $324,000 in 1985 has the same "purchasing power" as $929,020.04 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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