Minneapolis/St. Paul, Minnesota prices: $102,131,445 in 1985 $286,208,579.87 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($102,131,445)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $184,077,134.87 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, $102,131,445 in Minneapolis/St. Paul in the year 1985 would cost $286,208,579.87 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
Film and photographic supplies · Seattle, Washington · College tuition and fees · Bread · More

Buying power of $102,131,445.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $102,131,445 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$102,131,445.003.78%
1986$103,467,744.281.31%
1987$106,522,142.642.95%
1988$111,867,339.765.02%
1989$116,448,937.294.10%
1990$121,221,434.724.10%
1991$124,466,732.972.68%
1992$128,857,430.613.53%
1993$132,866,328.453.11%
1994$137,066,126.193.16%
1995$140,311,424.442.37%
1996$144,988,471.923.33%
1997$148,329,220.122.30%
1998$151,097,268.631.87%
1999$155,869,766.063.16%
2000$162,360,362.574.16%
2001$168,469,159.283.76%
2002$171,428,107.681.76%
2003$174,387,056.091.73%
2004$179,350,453.422.85%
2005$184,313,850.742.77%
2006$187,272,799.151.61%
2007$192,090,158.062.57%
2008$199,450,303.593.83%
2009$198,429,943.64-0.51%
2010$202,094,267.171.85%
2011$209,358,962.763.59%
2012$214,246,000.122.33%
2013$218,399,981.891.94%
2014$221,456,289.241.40%
2015$220,076,082.98-0.62%
2016$223,491,282.151.55%
2017$228,353,502.532.18%
2018$233,822,784.582.40%
2019$238,726,048.442.10%
2020$241,485,506.451.16%
2021$253,175,261.664.84%
2022$272,039,989.507.45%
2023$279,401,089.542.71%
2024$286,208,579.872.44%*

* 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 * $102,131,445 = $286,208,579.87

Therefore, according to U.S. Bureau of Labor Statistics, $102,131,445 in 1985 has the same "purchasing power" as $286,208,579.87 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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