Minneapolis/St. Paul, Minnesota prices:$470,000 in 1985$1,347,652.52 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($470,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $877,652.52 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, $470,000 in Minneapolis/St. Paul in the year 1985 would cost $1,347,652.52 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
Fish and seafood · Electricity · Indoor plants and flowers · Bananas · More

Buying power of $470,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $470,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$470,000.003.78%
1986$476,149.531.31%
1987$490,205.612.95%
1988$514,803.745.02%
1989$535,887.854.10%
1990$557,850.474.10%
1991$572,785.052.68%
1992$592,990.653.53%
1993$611,439.253.11%
1994$630,766.363.16%
1995$645,700.932.37%
1996$667,224.303.33%
1997$682,598.132.30%
1998$695,336.451.87%
1999$717,299.073.16%
2000$747,168.224.16%
2001$775,280.373.76%
2002$788,897.201.76%
2003$802,514.021.73%
2004$825,355.142.85%
2005$848,196.262.77%
2006$861,813.081.61%
2007$883,982.152.57%
2008$917,852.903.83%
2009$913,157.29-0.51%
2010$930,020.191.85%
2011$963,451.683.59%
2012$985,941.402.33%
2013$1,005,057.661.94%
2014$1,019,122.521.40%
2015$1,012,770.93-0.62%
2016$1,028,487.381.55%
2017$1,050,862.902.18%
2018$1,076,032.062.40%
2019$1,098,596.452.10%
2020$1,111,295.231.16%
2021$1,165,090.474.84%
2022$1,251,904.307.45%
2023$1,285,779.442.71%
2024$1,317,106.922.44%
2025$1,347,652.522.32%*

* 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* $470,000 = $1,347,652.52

Therefore, according to U.S. Bureau of Labor Statistics, $470,000 in 1985 has the same "purchasing power" as $1,347,652.52 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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