Minneapolis/St. Paul, Minnesota prices:$506,000 in 1985$1,450,876.97 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($506,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $944,876.97 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, $506,000 in Minneapolis/St. Paul in the year 1985 would cost $1,450,876.97 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
Admission to sporting events · New cars · New trucks · College tuition and fees · More

Buying power of $506,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $506,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$506,000.003.78%
1986$512,620.561.31%
1987$527,753.272.95%
1988$554,235.515.02%
1989$576,934.584.10%
1990$600,579.444.10%
1991$616,657.942.68%
1992$638,411.213.53%
1993$658,272.903.11%
1994$679,080.373.16%
1995$695,158.882.37%
1996$718,330.843.33%
1997$734,882.242.30%
1998$748,596.261.87%
1999$772,241.123.16%
2000$804,398.134.16%
2001$834,663.553.76%
2002$849,323.361.76%
2003$863,983.181.73%
2004$888,573.832.85%
2005$913,164.492.77%
2006$927,824.301.61%
2007$951,691.422.57%
2008$988,156.523.83%
2009$983,101.25-0.51%
2010$1,001,255.781.85%
2011$1,037,247.983.59%
2012$1,061,460.322.33%
2013$1,082,040.801.94%
2014$1,097,182.971.40%
2015$1,090,344.88-0.62%
2016$1,107,265.141.55%
2017$1,131,354.522.18%
2018$1,158,451.532.40%
2019$1,182,744.262.10%
2020$1,196,415.721.16%
2021$1,254,331.444.84%
2022$1,347,794.847.45%
2023$1,384,264.672.71%
2024$1,417,991.702.44%
2025$1,450,876.972.32%*

* 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* $506,000 = $1,450,876.97

Therefore, according to U.S. Bureau of Labor Statistics, $506,000 in 1985 has the same "purchasing power" as $1,450,876.97 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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