Minneapolis/St. Paul, Minnesota prices: $101,000 in 1985 $283,037.87 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($101,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $182,037.87 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, $101,000 in Minneapolis/St. Paul in the year 1985 would cost $283,037.87 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
Educational books and supplies · Wine at home · Dental services · Juices and nonalcoholic drinks · More

Buying power of $101,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $101,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$101,000.003.78%
1986$102,321.501.31%
1987$105,342.062.95%
1988$110,628.045.02%
1989$115,158.884.10%
1990$119,878.504.10%
1991$123,087.852.68%
1992$127,429.913.53%
1993$131,394.393.11%
1994$135,547.663.16%
1995$138,757.012.37%
1996$143,382.243.33%
1997$146,685.982.30%
1998$149,423.361.87%
1999$154,142.993.16%
2000$160,561.684.16%
2001$166,602.803.76%
2002$169,528.971.76%
2003$172,455.141.73%
2004$177,363.552.85%
2005$182,271.962.77%
2006$185,198.131.61%
2007$189,962.122.57%
2008$197,240.733.83%
2009$196,231.67-0.51%
2010$199,855.401.85%
2011$207,039.623.59%
2012$211,872.512.33%
2013$215,980.481.94%
2014$219,002.931.40%
2015$217,638.01-0.62%
2016$221,015.371.55%
2017$225,823.732.18%
2018$231,232.422.40%
2019$236,081.362.10%
2020$238,810.251.16%
2021$250,370.504.84%
2022$269,026.247.45%
2023$276,305.792.71%
2024$283,037.872.44%*

* 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 * $101,000 = $283,037.87

Therefore, according to U.S. Bureau of Labor Statistics, $101,000 in 1985 has the same "purchasing power" as $283,037.87 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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