Minneapolis/St. Paul, Minnesota prices:$354,000 in 1985$1,015,040.41 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($354,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $661,040.41 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, $354,000 in Minneapolis/St. Paul in the year 1985 would cost $1,015,040.41 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
Medical care · Food · Gasoline (all types) · New trucks · More

Buying power of $354,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $354,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$354,000.003.78%
1986$358,631.781.31%
1987$369,218.692.95%
1988$387,745.795.02%
1989$403,626.174.10%
1990$420,168.224.10%
1991$431,416.822.68%
1992$446,635.513.53%
1993$460,530.843.11%
1994$475,087.853.16%
1995$486,336.452.37%
1996$502,547.663.33%
1997$514,127.102.30%
1998$523,721.501.87%
1999$540,263.553.16%
2000$562,760.754.16%
2001$583,934.583.76%
2002$594,190.651.76%
2003$604,446.731.73%
2004$621,650.472.85%
2005$638,854.212.77%
2006$649,110.281.61%
2007$665,807.832.57%
2008$691,318.993.83%
2009$687,782.30-0.51%
2010$700,483.291.85%
2011$725,663.613.59%
2012$742,602.672.33%
2013$757,000.881.94%
2014$767,594.411.40%
2015$762,810.45-0.62%
2016$774,647.941.55%
2017$791,500.992.18%
2018$810,458.192.40%
2019$827,453.502.10%
2020$837,018.111.16%
2021$877,536.224.84%
2022$942,923.667.45%
2023$968,438.132.71%
2024$992,033.722.44%
2025$1,015,040.412.32%*

* 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* $354,000 = $1,015,040.41

Therefore, according to U.S. Bureau of Labor Statistics, $354,000 in 1985 has the same "purchasing power" as $1,015,040.41 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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