Minneapolis/St. Paul, Minnesota prices:$38,615 in 1985$110,722.56 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($38,615)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $72,107.56 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, $38,615 in Minneapolis/St. Paul in the year 1985 would cost $110,722.56 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
Fresh fruits · College tuition and fees · Jewelry · Legal services · More

Buying power of $38,615.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $38,615 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$38,615.003.78%
1986$39,120.241.31%
1987$40,275.082.95%
1988$42,296.065.02%
1989$44,028.324.10%
1990$45,832.764.10%
1991$47,059.782.68%
1992$48,719.863.53%
1993$50,235.593.11%
1994$51,823.503.16%
1995$53,050.512.37%
1996$54,818.863.33%
1997$56,081.972.30%
1998$57,128.551.87%
1999$58,932.993.16%
2000$61,387.024.16%
2001$63,696.713.76%
2002$64,815.461.76%
2003$65,934.211.73%
2004$67,810.832.85%
2005$69,687.442.77%
2006$70,806.201.61%
2007$72,627.602.57%
2008$75,410.403.83%
2009$75,024.61-0.51%
2010$76,410.061.85%
2011$79,156.783.59%
2012$81,004.532.33%
2013$82,575.111.94%
2014$83,730.671.40%
2015$83,208.83-0.62%
2016$84,500.091.55%
2017$86,338.452.18%
2018$88,406.342.40%
2019$90,260.222.10%
2020$91,303.541.16%
2021$95,723.344.84%
2022$102,855.927.45%
2023$105,639.092.71%
2024$108,212.942.44%
2025$110,722.562.32%*

* 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* $38,615 = $110,722.56

Therefore, according to U.S. Bureau of Labor Statistics, $38,615 in 1985 has the same "purchasing power" as $110,722.56 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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