Minneapolis/St. Paul, Minnesota prices:$4,949 in 1985$13,868.86 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($4,949)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $8,919.86 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, $4,949 in Minneapolis/St. Paul in the year 1985 would cost $13,868.86 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 $4,949.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $4,949 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$4,949.003.78%
1986$5,013.751.31%
1987$5,161.762.95%
1988$5,420.775.02%
1989$5,642.794.10%
1990$5,874.054.10%
1991$6,031.302.68%
1992$6,244.073.53%
1993$6,438.333.11%
1994$6,641.843.16%
1995$6,799.092.37%
1996$7,025.733.33%
1997$7,187.612.30%
1998$7,321.741.87%
1999$7,553.013.16%
2000$7,867.524.16%
2001$8,163.543.76%
2002$8,306.921.76%
2003$8,450.301.73%
2004$8,690.812.85%
2005$8,931.332.77%
2006$9,074.711.61%
2007$9,308.142.57%
2008$9,664.803.83%
2009$9,615.35-0.51%
2010$9,792.911.85%
2011$10,144.943.59%
2012$10,381.752.33%
2013$10,583.041.94%
2014$10,731.141.40%
2015$10,664.26-0.62%
2016$10,829.751.55%
2017$11,065.362.18%
2018$11,330.392.40%
2019$11,567.992.10%
2020$11,701.701.16%
2021$12,268.154.84%
2022$13,182.297.45%
2023$13,538.982.71%
2024$13,868.862.44%
2025$13,868.860.00% **
2026$13,868.860.00% **

* 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* $4,949 = $13,868.86

Therefore, according to U.S. Bureau of Labor Statistics, $4,949 in 1985 has the same "purchasing power" as $13,868.86 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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