Minneapolis/St. Paul, Minnesota prices: $100,001,916 in 1985 $280,240,883.33 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($100,001,916)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $180,238,967.33 difference in value).

Between 1985 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.68% per year. This rate of change indicates significant inflation. In other words, $100,001,916 in Minneapolis/St. Paul in the year 1985 would cost $280,240,883.33 in 2024 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 1985-2024 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
New cars · Admission to sporting events · Wine at home · Food · More

Buying power of $100,001,916.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $100,001,916 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$100,001,916.003.78%
1986$101,310,352.281.31%
1987$104,301,063.792.95%
1988$109,534,808.935.02%
1989$114,020,876.194.10%
1990$118,693,862.924.10%
1991$121,871,493.892.68%
1992$126,170,641.683.53%
1993$130,095,950.533.11%
1994$134,208,178.863.16%
1995$137,385,809.832.37%
1996$141,965,336.833.33%
1997$145,236,427.542.30%
1998$147,946,759.841.87%
1999$152,619,746.573.16%
2000$158,975,008.524.16%
2001$164,956,431.533.76%
2002$167,853,683.301.76%
2003$170,750,935.081.73%
2004$175,610,841.272.85%
2005$180,470,747.472.77%
2006$183,367,999.241.61%
2007$188,084,912.052.57%
2008$195,291,592.183.83%
2009$194,292,507.62-0.51%
2010$197,880,426.831.85%
2011$204,993,647.233.59%
2012$209,778,785.642.33%
2013$213,846,153.291.94%
2014$216,838,733.991.40%
2015$215,487,306.23-0.62%
2016$218,831,295.531.55%
2017$223,592,134.412.18%
2018$228,947,377.202.40%
2019$233,748,403.772.10%
2020$236,450,324.691.16%
2021$247,896,338.394.84%
2022$266,367,720.337.45%
2023$273,575,335.062.71%
2024$280,240,883.332.44%*

* 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:

Year19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1985 * 1985 USD value = 2024 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 2024:

299.852 / 107.000 * $100,001,916 = $280,240,883.33

Therefore, according to U.S. Bureau of Labor Statistics, $100,001,916 in 1985 has the same "purchasing power" as $280,240,883.33 in 2024 (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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