Minneapolis/St. Paul, Minnesota prices:$8,499 in 1985$24,369.57 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($8,499)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $15,870.57 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, $8,499 in Minneapolis/St. Paul in the year 1985 would cost $24,369.57 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%).

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Buying power of $8,499.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $8,499 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$8,499.003.78%
1986$8,610.201.31%
1987$8,864.382.95%
1988$9,309.195.02%
1989$9,690.454.10%
1990$10,087.604.10%
1991$10,357.662.68%
1992$10,723.043.53%
1993$11,056.643.11%
1994$11,406.133.16%
1995$11,676.202.37%
1996$12,065.403.33%
1997$12,343.412.30%
1998$12,573.751.87%
1999$12,970.903.16%
2000$13,511.034.16%
2001$14,019.383.76%
2002$14,265.611.76%
2003$14,511.841.73%
2004$14,924.882.85%
2005$15,337.912.77%
2006$15,584.151.61%
2007$15,985.032.57%
2008$16,597.513.83%
2009$16,512.60-0.51%
2010$16,817.541.85%
2011$17,422.083.59%
2012$17,828.762.33%
2013$18,174.441.94%
2014$18,428.771.40%
2015$18,313.92-0.62%
2016$18,598.121.55%
2017$19,002.732.18%
2018$19,457.862.40%
2019$19,865.902.10%
2020$20,095.531.16%
2021$21,068.314.84%
2022$22,638.167.45%
2023$23,250.722.71%
2024$23,817.222.44%
2025$24,369.572.32%*

* 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* $8,499 = $24,369.57

Therefore, according to U.S. Bureau of Labor Statistics, $8,499 in 1985 has the same "purchasing power" as $24,369.57 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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