Minneapolis/St. Paul, Minnesota prices: $5,301 in 1985 $14,855.28 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($5,301)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $9,554.28 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, $5,301 in Minneapolis/St. Paul in the year 1985 would cost $14,855.28 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%).

View price changes for other categories
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Buying power of $5,301.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $5,301 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$5,301.003.78%
1986$5,370.361.31%
1987$5,528.892.95%
1988$5,806.335.02%
1989$6,044.134.10%
1990$6,291.844.10%
1991$6,460.282.68%
1992$6,688.183.53%
1993$6,896.253.11%
1994$7,114.243.16%
1995$7,282.682.37%
1996$7,525.443.33%
1997$7,698.842.30%
1998$7,842.511.87%
1999$8,090.223.16%
2000$8,427.104.16%
2001$8,744.173.76%
2002$8,897.751.76%
2003$9,051.331.73%
2004$9,308.952.85%
2005$9,566.572.77%
2006$9,720.151.61%
2007$9,970.192.57%
2008$10,352.213.83%
2009$10,299.25-0.51%
2010$10,489.441.85%
2011$10,866.513.59%
2012$11,120.162.33%
2013$11,335.771.94%
2014$11,494.401.40%
2015$11,422.76-0.62%
2016$11,600.021.55%
2017$11,852.392.18%
2018$12,136.272.40%
2019$12,390.772.10%
2020$12,533.991.16%
2021$13,140.734.84%
2022$14,119.887.45%
2023$14,501.952.71%
2024$14,855.282.44%
2025$14,855.280.00% **
2026$14,855.280.00% **

* 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 * $5,301 = $14,855.28

Therefore, according to U.S. Bureau of Labor Statistics, $5,301 in 1985 has the same "purchasing power" as $14,855.28 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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