Minneapolis/St. Paul, Minnesota prices: $9,700,000 in 1985 $27,182,844.86 in 2026

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2026 ($9,700,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2026 versus 1985 (a $17,482,844.86 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, $9,700,000 in Minneapolis/St. Paul in the year 1985 would cost $27,182,844.86 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
Film and photographic supplies · Phoenix, Arizona · Educational books and supplies · Jewelry · More

Buying power of $9,700,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $9,700,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$9,700,000.003.78%
1986$9,826,915.891.31%
1987$10,117,009.352.95%
1988$10,624,672.905.02%
1989$11,059,813.084.10%
1990$11,513,084.114.10%
1991$11,821,308.412.68%
1992$12,238,317.763.53%
1993$12,619,065.423.11%
1994$13,017,943.933.16%
1995$13,326,168.222.37%
1996$13,770,373.833.33%
1997$14,087,663.552.30%
1998$14,350,560.751.87%
1999$14,803,831.783.16%
2000$15,420,280.374.16%
2001$16,000,467.293.76%
2002$16,281,495.331.76%
2003$16,562,523.361.73%
2004$17,033,925.232.85%
2005$17,505,327.102.77%
2006$17,786,355.141.61%
2007$18,243,886.922.57%
2008$18,942,921.503.83%
2009$18,846,012.15-0.51%
2010$19,194,033.641.85%
2011$19,884,002.803.59%
2012$20,348,152.342.33%
2013$20,742,679.441.94%
2014$21,032,954.211.40%
2015$20,901,868.22-0.62%
2016$21,226,228.971.55%
2017$21,688,021.502.18%
2018$22,207,470.092.40%
2019$22,673,160.752.10%
2020$22,935,242.061.16%
2021$24,045,484.114.84%
2022$25,837,173.837.45%
2023$26,536,299.072.71%
2024$27,182,844.862.44%
2025$27,182,844.860.00% **
2026$27,182,844.860.00% **

* 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 * $9,700,000 = $27,182,844.86

Therefore, according to U.S. Bureau of Labor Statistics, $9,700,000 in 1985 has the same "purchasing power" as $27,182,844.86 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.

» Read more about inflation and investment.