Minneapolis/St. Paul, Minnesota prices:$601,975 in 1985$1,726,070.48 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($601,975)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $1,124,095.48 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, $601,975 in Minneapolis/St. Paul in the year 1985 would cost $1,726,070.48 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
Parking fees and tolls · Film and photographic supplies · Wine at home · Admission to sporting events · More

Buying power of $601,975.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $601,975 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$601,975.003.78%
1986$609,851.311.31%
1987$627,854.302.95%
1988$659,359.535.02%
1989$686,364.024.10%
1990$714,493.694.10%
1991$733,621.872.68%
1992$759,501.173.53%
1993$783,130.093.11%
1994$807,884.213.16%
1995$827,012.382.37%
1996$854,579.463.33%
1997$874,270.232.30%
1998$890,585.441.87%
1999$918,715.123.16%
2000$956,971.474.16%
2001$992,977.453.76%
2002$1,010,417.851.76%
2003$1,027,858.251.73%
2004$1,057,113.112.85%
2005$1,086,367.972.77%
2006$1,103,808.361.61%
2007$1,132,202.462.57%
2008$1,175,584.043.83%
2009$1,169,569.91-0.51%
2010$1,191,167.881.85%
2011$1,233,986.863.59%
2012$1,262,791.652.33%
2013$1,287,275.721.94%
2014$1,305,289.961.40%
2015$1,297,154.86-0.62%
2016$1,317,284.451.55%
2017$1,345,942.962.18%
2018$1,378,179.572.40%
2019$1,407,079.992.10%
2020$1,423,344.571.16%
2021$1,492,245.394.84%
2022$1,603,436.367.45%
2023$1,646,823.572.71%
2024$1,686,947.742.44%
2025$1,726,070.482.32%*

* 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* $601,975 = $1,726,070.48

Therefore, according to U.S. Bureau of Labor Statistics, $601,975 in 1985 has the same "purchasing power" as $1,726,070.48 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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