Minneapolis/St. Paul, Minnesota prices:$47,000 in 1985$134,765.25 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($47,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $87,765.25 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, $47,000 in Minneapolis/St. Paul in the year 1985 would cost $134,765.25 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
Detroit, Michigan · New cars · Chicago, Illinois · Juices and nonalcoholic drinks · More

Buying power of $47,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $47,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$47,000.003.78%
1986$47,614.951.31%
1987$49,020.562.95%
1988$51,480.375.02%
1989$53,588.794.10%
1990$55,785.054.10%
1991$57,278.502.68%
1992$59,299.073.53%
1993$61,143.933.11%
1994$63,076.643.16%
1995$64,570.092.37%
1996$66,722.433.33%
1997$68,259.812.30%
1998$69,533.641.87%
1999$71,729.913.16%
2000$74,716.824.16%
2001$77,528.043.76%
2002$78,889.721.76%
2003$80,251.401.73%
2004$82,535.512.85%
2005$84,819.632.77%
2006$86,181.311.61%
2007$88,398.212.57%
2008$91,785.293.83%
2009$91,315.73-0.51%
2010$93,002.021.85%
2011$96,345.173.59%
2012$98,594.142.33%
2013$100,505.771.94%
2014$101,912.251.40%
2015$101,277.09-0.62%
2016$102,848.741.55%
2017$105,086.292.18%
2018$107,603.212.40%
2019$109,859.642.10%
2020$111,129.521.16%
2021$116,509.054.84%
2022$125,190.437.45%
2023$128,577.942.71%
2024$131,710.692.44%
2025$134,765.252.32%*

* 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* $47,000 = $134,765.25

Therefore, according to U.S. Bureau of Labor Statistics, $47,000 in 1985 has the same "purchasing power" as $134,765.25 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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