Minneapolis/St. Paul, Minnesota prices:$388,000 in 1985$1,112,530.17 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($388,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $724,530.17 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, $388,000 in Minneapolis/St. Paul in the year 1985 would cost $1,112,530.17 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
Minneapolis-St Paul, Minnesota · Frankfurters · Chicago, Illinois · Philadelphia, Pennsylvania · More

Buying power of $388,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $388,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$388,000.003.78%
1986$393,076.641.31%
1987$404,680.372.95%
1988$424,986.925.02%
1989$442,392.524.10%
1990$460,523.364.10%
1991$472,852.342.68%
1992$489,532.713.53%
1993$504,762.623.11%
1994$520,717.763.16%
1995$533,046.732.37%
1996$550,814.953.33%
1997$563,506.542.30%
1998$574,022.431.87%
1999$592,153.273.16%
2000$616,811.214.16%
2001$640,018.693.76%
2002$651,259.811.76%
2003$662,500.931.73%
2004$681,357.012.85%
2005$700,213.082.77%
2006$711,454.211.61%
2007$729,755.482.57%
2008$757,716.863.83%
2009$753,840.49-0.51%
2010$767,761.351.85%
2011$795,360.113.59%
2012$813,926.092.33%
2013$829,707.181.94%
2014$841,318.171.40%
2015$836,074.73-0.62%
2016$849,049.161.55%
2017$867,520.862.18%
2018$888,298.802.40%
2019$906,926.432.10%
2020$917,409.681.16%
2021$961,819.364.84%
2022$1,033,486.957.45%
2023$1,061,451.962.71%
2024$1,087,313.792.44%
2025$1,112,530.172.32%*

* 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* $388,000 = $1,112,530.17

Therefore, according to U.S. Bureau of Labor Statistics, $388,000 in 1985 has the same "purchasing power" as $1,112,530.17 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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