Minneapolis/St. Paul, Minnesota prices:$34,496 in 1985$98,911.96 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($34,496)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $64,415.96 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, $34,496 in Minneapolis/St. Paul in the year 1985 would cost $98,911.96 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 $34,496.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $34,496 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$34,496.003.78%
1986$34,947.351.31%
1987$35,979.012.95%
1988$37,784.405.02%
1989$39,331.894.10%
1990$40,943.854.10%
1991$42,039.992.68%
1992$43,522.993.53%
1993$44,877.043.11%
1994$46,295.573.16%
1995$47,391.702.37%
1996$48,971.423.33%
1997$50,099.802.30%
1998$51,034.741.87%
1999$52,646.703.16%
2000$54,838.974.16%
2001$56,902.283.76%
2002$57,901.701.76%
2003$58,901.111.73%
2004$60,577.562.85%
2005$62,254.002.77%
2006$63,253.411.61%
2007$64,880.532.57%
2008$67,366.503.83%
2009$67,021.86-0.51%
2010$68,259.521.85%
2011$70,713.253.59%
2012$72,363.902.33%
2013$73,766.961.94%
2014$74,799.261.40%
2015$74,333.08-0.62%
2016$75,486.601.55%
2017$77,128.862.18%
2018$78,976.172.40%
2019$80,632.302.10%
2020$81,564.341.16%
2021$85,512.684.84%
2022$91,884.457.45%
2023$94,370.742.71%
2024$96,670.042.44%
2025$98,911.962.32%*

* 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* $34,496 = $98,911.96

Therefore, according to U.S. Bureau of Labor Statistics, $34,496 in 1985 has the same "purchasing power" as $98,911.96 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.