Minneapolis/St. Paul, Minnesota prices:$420 in 1985$1,176.99 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($420)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $756.99 difference in value).

Between 1985 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.55% per year. This rate of change indicates significant inflation. In other words, $420 in Minneapolis/St. Paul in the year 1985 would cost $1,176.99 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.73% 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 1985-2026 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 $420.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $420 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$420.003.78%
1986$425.501.31%
1987$438.062.95%
1988$460.045.02%
1989$478.884.10%
1990$498.504.10%
1991$511.852.68%
1992$529.913.53%
1993$546.393.11%
1994$563.663.16%
1995$577.012.37%
1996$596.243.33%
1997$609.982.30%
1998$621.361.87%
1999$640.993.16%
2000$667.684.16%
2001$692.803.76%
2002$704.971.76%
2003$717.141.73%
2004$737.552.85%
2005$757.962.77%
2006$770.131.61%
2007$789.942.57%
2008$820.213.83%
2009$816.01-0.51%
2010$831.081.85%
2011$860.963.59%
2012$881.052.33%
2013$898.141.94%
2014$910.711.40%
2015$905.03-0.62%
2016$919.071.55%
2017$939.072.18%
2018$961.562.40%
2019$981.722.10%
2020$993.071.16%
2021$1,041.144.84%
2022$1,118.727.45%
2023$1,148.992.71%
2024$1,176.992.44%
2025$1,176.990.00% **
2026$1,176.990.00% **

* 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:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852299.852299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1985* 1985 USD value = 2026 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 299.852 in 2026:

299.852 / 107.000* $420 = $1,176.99

Therefore, according to U.S. Bureau of Labor Statistics, $420 in 1985 has the same "purchasing power" as $1,176.99 in 2026 (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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