According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 170.04% higher in 2023 versus 1986 (a $865,425,396,016.93 difference in value).
Between 1986 and 2023: Minneapolis/St. Paul experienced an average inflation rate of 2.72% per year. This rate of change indicates significant inflation. In other words, $508,963,286,286 in Minneapolis/St. Paul in the year 1986 would cost $1,374,388,682,302.93 in 2023 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 1986-2023 time period. Compared to inflation for all items in 1986 (1.90%), inflation in Minneapolis/St. Paul was lower.
Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $508,963,286,286 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1986 | $508,963,286,286.00 | 1.31% |
1987 | $523,988,032,744.63 | 2.95% |
1988 | $550,281,339,047.23 | 5.02% |
1989 | $572,818,458,735.17 | 4.10% |
1990 | $596,294,625,076.77 | 4.10% |
1991 | $612,258,418,189.06 | 2.68% |
1992 | $633,856,491,223.34 | 3.53% |
1993 | $653,576,470,950.29 | 3.11% |
1994 | $674,235,497,330.90 | 3.16% |
1995 | $690,199,290,443.19 | 2.37% |
1996 | $713,205,933,457.96 | 3.33% |
1997 | $729,639,249,897.09 | 2.30% |
1998 | $743,255,426,375.22 | 1.87% |
1999 | $766,731,592,716.82 | 3.16% |
2000 | $798,659,178,941.41 | 4.16% |
2001 | $828,708,671,858.66 | 3.76% |
2002 | $843,263,894,990.46 | 1.76% |
2003 | $857,819,118,122.25 | 1.73% |
2004 | $882,234,331,117.52 | 2.85% |
2005 | $906,649,544,112.79 | 2.77% |
2006 | $921,204,767,244.59 | 1.61% |
2007 | $944,901,609,549.80 | 2.57% |
2008 | $981,106,553,281.83 | 3.83% |
2009 | $976,087,348,917.99 | -0.51% |
2010 | $994,112,349,435.08 | 1.85% |
2011 | $1,029,847,769,840.27 | 3.59% |
2012 | $1,053,887,364,174.07 | 2.33% |
2013 | $1,074,321,019,357.80 | 1.94% |
2014 | $1,089,355,156,282.97 | 1.40% |
2015 | $1,082,565,848,976.98 | -0.62% |
2016 | $1,099,365,393,611.03 | 1.55% |
2017 | $1,123,282,911,879.86 | 2.18% |
2018 | $1,150,186,598,507.33 | 2.40% |
2019 | $1,174,306,011,806.70 | 2.10% |
2020 | $1,187,879,931,185.42 | 1.16% |
2021 | $1,245,382,453,022.54 | 4.84% |
2022 | $1,338,179,043,337.64 | 7.45% |
2023 | $1,374,388,682,302.93 | 2.71%* |
* 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:
Year | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
CPI | 103.100 | 107.000 | 108.400 | 111.600 | 117.200 | 122.000 | 127.000 | 130.400 | 135.000 | 139.200 | 143.600 | 147.000 | 151.900 | 155.400 | 158.300 | 163.300 | 170.100 | 176.500 | 179.600 | 182.700 | 187.900 | 193.100 | 196.200 | 201.247 | 208.958 | 207.889 | 211.728 | 219.339 | 224.459 | 228.811 | 232.013 | 230.567 | 234.145 | 239.239 | 244.969 | 250.106 | 252.997 | 265.244 | 285.008 | 292.720 |