Minneapolis/St. Paul, Minnesota prices:$32,420 in 1985$92,959.35 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($32,420)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $60,539.35 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, $32,420 in Minneapolis/St. Paul in the year 1985 would cost $92,959.35 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
Financial services · Minneapolis-St Paul, Minnesota · New cars · Film and photographic supplies · More

Buying power of $32,420.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $32,420 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$32,420.003.78%
1986$32,844.191.31%
1987$33,813.762.95%
1988$35,510.505.02%
1989$36,964.864.10%
1990$38,479.814.10%
1991$39,509.982.68%
1992$40,903.743.53%
1993$42,176.303.11%
1994$43,509.463.16%
1995$44,539.632.37%
1996$46,024.283.33%
1997$47,084.752.30%
1998$47,963.421.87%
1999$49,478.373.16%
2000$51,538.714.16%
2001$53,477.853.76%
2002$54,417.121.76%
2003$55,356.391.73%
2004$56,931.942.85%
2005$58,507.502.77%
2006$59,446.771.61%
2007$60,975.962.57%
2008$63,312.323.83%
2009$62,988.42-0.51%
2010$64,151.611.85%
2011$66,457.673.59%
2012$68,008.982.33%
2013$69,327.591.94%
2014$70,297.771.40%
2015$69,859.65-0.62%
2016$70,943.751.55%
2017$72,487.182.18%
2018$74,223.322.40%
2019$75,779.782.10%
2020$76,655.731.16%
2021$80,366.454.84%
2022$86,354.767.45%
2023$88,691.422.71%
2024$90,852.352.44%
2025$92,959.352.32%*

* 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* $32,420 = $92,959.35

Therefore, according to U.S. Bureau of Labor Statistics, $32,420 in 1985 has the same "purchasing power" as $92,959.35 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.

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