Minneapolis/St. Paul, Minnesota prices:$40,991 in 1985$117,535.37 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($40,991)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $76,544.37 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, $40,991 in Minneapolis/St. Paul in the year 1985 would cost $117,535.37 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 $40,991.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $40,991 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$40,991.003.78%
1986$41,527.331.31%
1987$42,753.232.95%
1988$44,898.555.02%
1989$46,737.404.10%
1990$48,652.874.10%
1991$49,955.392.68%
1992$51,717.623.53%
1993$53,326.613.11%
1994$55,012.223.16%
1995$56,314.742.37%
1996$58,191.903.33%
1997$59,532.722.30%
1998$60,643.691.87%
1999$62,559.163.16%
2000$65,164.204.16%
2001$67,616.003.76%
2002$68,803.591.76%
2003$69,991.171.73%
2004$71,983.262.85%
2005$73,975.352.77%
2006$75,162.941.61%
2007$77,096.412.57%
2008$80,050.443.83%
2009$79,640.92-0.51%
2010$81,111.611.85%
2011$84,027.343.59%
2012$85,988.772.33%
2013$87,656.001.94%
2014$88,882.661.40%
2015$88,328.71-0.62%
2016$89,699.421.55%
2017$91,650.902.18%
2018$93,846.022.40%
2019$95,813.972.10%
2020$96,921.501.16%
2021$101,613.244.84%
2022$109,184.707.45%
2023$112,139.122.71%
2024$114,871.342.44%
2025$117,535.372.32%*

* 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* $40,991 = $117,535.37

Therefore, according to U.S. Bureau of Labor Statistics, $40,991 in 1985 has the same "purchasing power" as $117,535.37 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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