Minneapolis/St. Paul, Minnesota prices:$4,800,000 in 1985$13,763,259.81 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($4,800,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $8,963,259.81 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, $4,800,000 in Minneapolis/St. Paul in the year 1985 would cost $13,763,259.81 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
Housing · Dental services · Bread · Financial services · More

Buying power of $4,800,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $4,800,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$4,800,000.003.78%
1986$4,862,803.741.31%
1987$5,006,355.142.95%
1988$5,257,570.095.02%
1989$5,472,897.204.10%
1990$5,697,196.264.10%
1991$5,849,719.632.68%
1992$6,056,074.773.53%
1993$6,244,485.983.11%
1994$6,441,869.163.16%
1995$6,594,392.522.37%
1996$6,814,205.613.33%
1997$6,971,214.952.30%
1998$7,101,308.411.87%
1999$7,325,607.483.16%
2000$7,630,654.214.16%
2001$7,917,757.013.76%
2002$8,056,822.431.76%
2003$8,195,887.851.73%
2004$8,429,158.882.85%
2005$8,662,429.912.77%
2006$8,801,495.331.61%
2007$9,027,902.802.57%
2008$9,373,816.823.83%
2009$9,325,861.68-0.51%
2010$9,498,078.501.85%
2011$9,839,506.543.59%
2012$10,069,188.792.33%
2013$10,264,418.691.94%
2014$10,408,059.811.40%
2015$10,343,192.52-0.62%
2016$10,503,700.931.55%
2017$10,732,216.822.18%
2018$10,989,263.552.40%
2019$11,219,708.412.10%
2020$11,349,398.131.16%
2021$11,898,796.264.84%
2022$12,785,405.617.45%
2023$13,131,364.492.71%
2024$13,451,304.672.44%
2025$13,763,259.812.32%*

* 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* $4,800,000 = $13,763,259.81

Therefore, according to U.S. Bureau of Labor Statistics, $4,800,000 in 1985 has the same "purchasing power" as $13,763,259.81 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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