Minneapolis/St. Paul, Minnesota prices:$349,019 in 1985$1,000,758.16 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($349,019)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $651,739.16 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, $349,019 in Minneapolis/St. Paul in the year 1985 would cost $1,000,758.16 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 $349,019.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $349,019 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$349,019.003.78%
1986$353,585.601.31%
1987$364,023.562.95%
1988$382,289.975.02%
1989$397,946.904.10%
1990$414,256.204.10%
1991$425,346.522.68%
1992$440,351.073.53%
1993$454,050.893.11%
1994$468,403.073.16%
1995$479,493.392.37%
1996$495,476.513.33%
1997$506,893.012.30%
1998$516,352.411.87%
1999$532,661.713.16%
2000$554,842.354.16%
2001$575,718.263.76%
2002$585,830.021.76%
2003$595,941.791.73%
2004$612,903.462.85%
2005$629,865.132.77%
2006$639,976.901.61%
2007$656,439.502.57%
2008$681,591.703.83%
2009$678,104.77-0.51%
2010$690,627.051.85%
2011$715,453.073.59%
2012$732,153.792.33%
2013$746,349.411.94%
2014$756,793.881.40%
2015$752,077.23-0.62%
2016$763,748.171.55%
2017$780,364.082.18%
2018$799,054.542.40%
2019$815,810.712.10%
2020$825,240.751.16%
2021$865,188.744.84%
2022$929,656.147.45%
2023$954,811.602.71%
2024$978,075.192.44%
2025$1,000,758.162.32%*

* 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* $349,019 = $1,000,758.16

Therefore, according to U.S. Bureau of Labor Statistics, $349,019 in 1985 has the same "purchasing power" as $1,000,758.16 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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