Minneapolis/St. Paul, Minnesota prices:$32,460 in 1985$93,074.04 in 2025

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2025 ($32,460)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $60,614.04 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, $32,460 in Minneapolis/St. Paul in the year 1985 would cost $93,074.04 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
Educational books and supplies · Rent of primary residence · Financial services · Alcoholic beverages · More

Buying power of $32,460.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $32,460 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$32,460.003.78%
1986$32,884.711.31%
1987$33,855.482.95%
1988$35,554.325.02%
1989$37,010.474.10%
1990$38,527.294.10%
1991$39,558.732.68%
1992$40,954.213.53%
1993$42,228.343.11%
1994$43,563.143.16%
1995$44,594.582.37%
1996$46,081.073.33%
1997$47,142.842.30%
1998$48,022.601.87%
1999$49,539.423.16%
2000$51,602.304.16%
2001$53,543.833.76%
2002$54,484.261.76%
2003$55,424.691.73%
2004$57,002.192.85%
2005$58,579.682.77%
2006$59,520.111.61%
2007$61,051.192.57%
2008$63,390.443.83%
2009$63,066.14-0.51%
2010$64,230.761.85%
2011$66,539.663.59%
2012$68,092.892.33%
2013$69,413.131.94%
2014$70,384.501.40%
2015$69,945.84-0.62%
2016$71,031.281.55%
2017$72,576.622.18%
2018$74,314.892.40%
2019$75,873.282.10%
2020$76,750.301.16%
2021$80,465.614.84%
2022$86,461.317.45%
2023$88,800.852.71%
2024$90,964.452.44%
2025$93,074.042.32%*

* 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* $32,460 = $93,074.04

Therefore, according to U.S. Bureau of Labor Statistics, $32,460 in 1985 has the same "purchasing power" as $93,074.04 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.

» Read more about inflation and investment.