Minneapolis/St. Paul, Minnesota prices: $967.40 in 1985 $2,711 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2026 ($967.40)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $1,743.60 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, $967.40 in Minneapolis/St. Paul in the year 1985 would cost $2,711 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 $967.40 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $967.40 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$967.403.78%
1986$980.061.31%
1987$1,008.992.95%
1988$1,059.625.02%
1989$1,103.024.10%
1990$1,148.224.10%
1991$1,178.962.68%
1992$1,220.553.53%
1993$1,258.523.11%
1994$1,298.313.16%
1995$1,329.042.37%
1996$1,373.353.33%
1997$1,404.992.30%
1998$1,431.211.87%
1999$1,476.423.16%
2000$1,537.894.16%
2001$1,595.763.76%
2002$1,623.791.76%
2003$1,651.811.73%
2004$1,698.832.85%
2005$1,745.842.77%
2006$1,773.871.61%
2007$1,819.502.57%
2008$1,889.213.83%
2009$1,879.55-0.51%
2010$1,914.261.85%
2011$1,983.073.59%
2012$2,029.362.33%
2013$2,068.711.94%
2014$2,097.661.40%
2015$2,084.58-0.62%
2016$2,116.931.55%
2017$2,162.992.18%
2018$2,214.792.40%
2019$2,261.242.10%
2020$2,287.381.16%
2021$2,398.104.84%
2022$2,576.797.45%
2023$2,646.522.71%
2024$2,711.002.44%
2025$2,711.000.00% **
2026$2,711.000.00% **

* 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 * $967.40 = $2,711

Therefore, according to U.S. Bureau of Labor Statistics, $967.40 in 1985 has the same "purchasing power" as $2,711 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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