Minneapolis/St. Paul, Minnesota prices: $100,261 in 1985 $280,966.93 in 2024

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2024 ($100,261)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $180,705.93 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, $100,261 in Minneapolis/St. Paul in the year 1985 would cost $280,966.93 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
Airline fares · Legal services · Chicago, Illinois · Fresh fruits · More

Buying power of $100,261.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $100,261 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$100,261.003.78%
1986$101,572.831.31%
1987$104,571.292.95%
1988$109,818.595.02%
1989$114,316.284.10%
1990$119,001.374.10%
1991$122,187.242.68%
1992$126,497.523.53%
1993$130,433.003.11%
1994$134,555.883.16%
1995$137,741.752.37%
1996$142,333.143.33%
1997$145,612.702.30%
1998$148,330.061.87%
1999$153,015.153.16%
2000$159,386.884.16%
2001$165,383.803.76%
2002$168,288.561.76%
2003$171,193.311.73%
2004$176,065.812.85%
2005$180,938.312.77%
2006$183,843.071.61%
2007$188,572.202.57%
2008$195,797.553.83%
2009$194,795.88-0.51%
2010$198,393.091.85%
2011$205,524.743.59%
2012$210,322.282.33%
2013$214,400.181.94%
2014$217,400.521.40%
2015$216,045.59-0.62%
2016$219,398.241.55%
2017$224,171.412.18%
2018$229,540.532.40%
2019$234,354.002.10%
2020$237,062.921.16%
2021$248,538.594.84%
2022$267,057.827.45%
2023$274,284.112.71%
2024$280,966.932.44%*

* 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 * $100,261 = $280,966.93

Therefore, according to U.S. Bureau of Labor Statistics, $100,261 in 1985 has the same "purchasing power" as $280,966.93 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.

» Read more about inflation and investment.