Minneapolis/St. Paul, Minnesota prices:$501,000 in 1985$1,436,540.24 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($501,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $935,540.24 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, $501,000 in Minneapolis/St. Paul in the year 1985 would cost $1,436,540.24 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
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Buying power of $501,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $501,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$501,000.003.78%
1986$507,555.141.31%
1987$522,538.322.95%
1988$548,758.885.02%
1989$571,233.644.10%
1990$594,644.864.10%
1991$610,564.492.68%
1992$632,102.803.53%
1993$651,768.223.11%
1994$672,370.093.16%
1995$688,289.722.37%
1996$711,232.713.33%
1997$727,620.562.30%
1998$741,199.071.87%
1999$764,610.283.16%
2000$796,449.534.16%
2001$826,415.893.76%
2002$840,930.841.76%
2003$855,445.791.73%
2004$879,793.462.85%
2005$904,141.122.77%
2006$918,656.071.61%
2007$942,287.362.57%
2008$978,392.133.83%
2009$973,386.81-0.51%
2010$991,361.941.85%
2011$1,026,998.503.59%
2012$1,050,971.582.33%
2013$1,071,348.701.94%
2014$1,086,341.241.40%
2015$1,079,570.72-0.62%
2016$1,096,323.791.55%
2017$1,120,175.132.18%
2018$1,147,004.382.40%
2019$1,171,057.072.10%
2020$1,184,593.431.16%
2021$1,241,936.864.84%
2022$1,334,476.717.45%
2023$1,370,586.172.71%
2024$1,403,979.932.44%
2025$1,436,540.242.32%*

* 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* $501,000 = $1,436,540.24

Therefore, according to U.S. Bureau of Labor Statistics, $501,000 in 1985 has the same "purchasing power" as $1,436,540.24 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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