Minneapolis/St. Paul, Minnesota prices:$8,500 in 1986$24,057.67 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1986-2025 ($8,500)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 183.03% higher in 2025 versus 1986 (a $15,557.67 difference in value).

Between 1986 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.70% per year. This rate of change indicates significant inflation. In other words, $8,500 in Minneapolis/St. Paul in the year 1986 would cost $24,057.67 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.80% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1986: Pricing changed by 1.31%, which is below the average yearly change in Minneapolis/St. Paul during the 1986-2025 time period. Compared to inflation for all items in 1986 (1.90%), inflation in Minneapolis/St. Paul was lower.

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 $8,500.00 since 1986

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $8,500 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$8,500.001.31%
1987$8,750.922.95%
1988$9,190.045.02%
1989$9,566.424.10%
1990$9,958.494.10%
1991$10,225.092.68%
1992$10,585.793.53%
1993$10,915.133.11%
1994$11,260.153.16%
1995$11,526.752.37%
1996$11,910.983.33%
1997$12,185.422.30%
1998$12,412.821.87%
1999$12,804.893.16%
2000$13,338.104.16%
2001$13,839.943.76%
2002$14,083.031.76%
2003$14,326.111.73%
2004$14,733.862.85%
2005$15,141.612.77%
2006$15,384.691.61%
2007$15,780.442.57%
2008$16,385.083.83%
2009$16,301.26-0.51%
2010$16,602.291.85%
2011$17,199.093.59%
2012$17,600.572.33%
2013$17,941.821.94%
2014$18,192.901.40%
2015$18,079.52-0.62%
2016$18,360.081.55%
2017$18,759.522.18%
2018$19,208.822.40%
2019$19,611.632.10%
2020$19,838.331.16%
2021$20,798.654.84%
2022$22,348.417.45%
2023$22,953.142.71%
2024$23,512.382.44%
2025$24,057.672.32%*

* 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 1986* 1986 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 108.400 in the year 1986 and 306.806 in 2025:

306.806 / 108.400* $8,500 = $24,057.67

Therefore, according to U.S. Bureau of Labor Statistics, $8,500 in 1986 has the same "purchasing power" as $24,057.67 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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