Minneapolis/St. Paul, Minnesota prices: $46,890 in 1985 $131,402.43 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($46,890)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $84,512.43 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, $46,890 in Minneapolis/St. Paul in the year 1985 would cost $131,402.43 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%).

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Buying power of $46,890.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $46,890 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$46,890.003.78%
1986$47,503.511.31%
1987$48,905.832.95%
1988$51,359.895.02%
1989$53,463.364.10%
1990$55,654.494.10%
1991$57,144.452.68%
1992$59,160.283.53%
1993$61,000.823.11%
1994$62,929.013.16%
1995$64,418.972.37%
1996$66,566.273.33%
1997$68,100.062.30%
1998$69,370.911.87%
1999$71,562.033.16%
2000$74,541.954.16%
2001$77,346.593.76%
2002$78,705.081.76%
2003$80,063.581.73%
2004$82,342.352.85%
2005$84,621.112.77%
2006$85,979.611.61%
2007$88,191.332.57%
2008$91,570.473.83%
2009$91,102.01-0.51%
2010$92,784.351.85%
2011$96,119.683.59%
2012$98,363.392.33%
2013$100,270.541.94%
2014$101,673.731.40%
2015$101,040.06-0.62%
2016$102,608.031.55%
2017$104,840.342.18%
2018$107,351.372.40%
2019$109,602.532.10%
2020$110,869.431.16%
2021$116,236.374.84%
2022$124,897.437.45%
2023$128,277.022.71%
2024$131,402.432.44%
2025$131,402.430.00% **
2026$131,402.430.00% **

* 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 * $46,890 = $131,402.43

Therefore, according to U.S. Bureau of Labor Statistics, $46,890 in 1985 has the same "purchasing power" as $131,402.43 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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