Minneapolis/St. Paul, Minnesota prices:$847,000 in 1985$2,428,641.89 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($847,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $1,581,641.89 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, $847,000 in Minneapolis/St. Paul in the year 1985 would cost $2,428,641.89 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
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Buying power of $847,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $847,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$847,000.003.78%
1986$858,082.241.31%
1987$883,413.082.95%
1988$927,742.065.02%
1989$965,738.324.10%
1990$1,005,317.764.10%
1991$1,032,231.782.68%
1992$1,068,644.863.53%
1993$1,101,891.593.11%
1994$1,136,721.503.16%
1995$1,163,635.512.37%
1996$1,202,423.363.33%
1997$1,230,128.972.30%
1998$1,253,085.051.87%
1999$1,292,664.493.16%
2000$1,346,492.524.16%
2001$1,397,154.213.76%
2002$1,421,693.461.76%
2003$1,446,232.711.73%
2004$1,487,395.332.85%
2005$1,528,557.942.77%
2006$1,553,097.201.61%
2007$1,593,048.682.57%
2008$1,654,088.093.83%
2009$1,645,626.01-0.51%
2010$1,676,015.101.85%
2011$1,736,262.933.59%
2012$1,776,792.272.33%
2013$1,811,242.211.94%
2014$1,836,588.891.40%
2015$1,825,142.51-0.62%
2016$1,853,465.561.55%
2017$1,893,789.092.18%
2018$1,939,147.132.40%
2019$1,979,811.052.10%
2020$2,002,695.881.16%
2021$2,099,641.764.84%
2022$2,256,091.367.45%
2023$2,317,138.692.71%
2024$2,373,594.802.44%
2025$2,428,641.892.32%*

* 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* $847,000 = $2,428,641.89

Therefore, according to U.S. Bureau of Labor Statistics, $847,000 in 1985 has the same "purchasing power" as $2,428,641.89 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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