Minneapolis/St. Paul, Minnesota prices: $54,500 in 1985 $152,728.36 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($54,500)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $98,228.36 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, $54,500 in Minneapolis/St. Paul in the year 1985 would cost $152,728.36 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 $54,500.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $54,500 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$54,500.003.78%
1986$55,213.081.31%
1987$56,842.992.95%
1988$59,695.335.02%
1989$62,140.194.10%
1990$64,686.924.10%
1991$66,418.692.68%
1992$68,761.683.53%
1993$70,900.933.11%
1994$73,142.063.16%
1995$74,873.832.37%
1996$77,369.633.33%
1997$79,152.342.30%
1998$80,629.441.87%
1999$83,176.173.16%
2000$86,639.724.16%
2001$89,899.533.76%
2002$91,478.501.76%
2003$93,057.481.73%
2004$95,706.072.85%
2005$98,354.672.77%
2006$99,933.641.61%
2007$102,504.312.57%
2008$106,431.883.83%
2009$105,887.39-0.51%
2010$107,842.771.85%
2011$111,719.403.59%
2012$114,327.252.33%
2013$116,543.921.94%
2014$118,174.851.40%
2015$117,438.33-0.62%
2016$119,260.771.55%
2017$121,855.382.18%
2018$124,773.932.40%
2019$127,390.442.10%
2020$128,862.961.16%
2021$135,100.924.84%
2022$145,167.637.45%
2023$149,095.702.71%
2024$152,728.362.44%
2025$152,728.360.00% **
2026$152,728.360.00% **

* 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 * $54,500 = $152,728.36

Therefore, according to U.S. Bureau of Labor Statistics, $54,500 in 1985 has the same "purchasing power" as $152,728.36 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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