Minneapolis/St. Paul, Minnesota prices:$647,000 in 1985$1,855,172.73 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($647,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $1,208,172.73 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, $647,000 in Minneapolis/St. Paul in the year 1985 would cost $1,855,172.73 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
Bananas · Jewelry · College tuition and fees · Alcoholic beverages · More

Buying power of $647,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $647,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$647,000.003.78%
1986$655,465.421.31%
1987$674,814.952.95%
1988$708,676.645.02%
1989$737,700.934.10%
1990$767,934.584.10%
1991$788,493.462.68%
1992$816,308.413.53%
1993$841,704.673.11%
1994$868,310.283.16%
1995$888,869.162.37%
1996$918,498.133.33%
1997$939,661.682.30%
1998$957,197.201.87%
1999$987,430.843.16%
2000$1,028,548.604.16%
2001$1,067,247.663.76%
2002$1,085,992.521.76%
2003$1,104,737.381.73%
2004$1,136,180.372.85%
2005$1,167,623.362.77%
2006$1,186,368.221.61%
2007$1,216,886.072.57%
2008$1,263,512.393.83%
2009$1,257,048.44-0.51%
2010$1,280,261.831.85%
2011$1,326,283.493.59%
2012$1,357,242.742.33%
2013$1,383,558.101.94%
2014$1,402,919.731.40%
2015$1,394,176.16-0.62%
2016$1,415,811.361.55%
2017$1,446,613.392.18%
2018$1,481,261.152.40%
2019$1,512,323.202.10%
2020$1,529,804.291.16%
2021$1,603,858.584.84%
2022$1,723,366.137.45%
2023$1,769,998.502.71%
2024$1,813,123.782.44%
2025$1,855,172.732.32%*

* 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* $647,000 = $1,855,172.73

Therefore, according to U.S. Bureau of Labor Statistics, $647,000 in 1985 has the same "purchasing power" as $1,855,172.73 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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