Minneapolis/St. Paul, Minnesota prices: $102,300,000 in 1985 $286,680,930.84 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($102,300,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $184,380,930.84 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, $102,300,000 in Minneapolis/St. Paul in the year 1985 would cost $286,680,930.84 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
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Buying power of $102,300,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $102,300,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$102,300,000.003.78%
1986$103,638,504.671.31%
1987$106,697,943.932.95%
1988$112,051,962.625.02%
1989$116,641,121.504.10%
1990$121,421,495.334.10%
1991$124,672,149.532.68%
1992$129,070,093.463.53%
1993$133,085,607.483.11%
1994$137,292,336.453.16%
1995$140,542,990.652.37%
1996$145,227,757.013.33%
1997$148,574,018.692.30%
1998$151,346,635.511.87%
1999$156,127,009.353.16%
2000$162,628,317.764.16%
2001$168,747,196.263.76%
2002$171,711,028.041.76%
2003$174,674,859.811.73%
2004$179,646,448.602.85%
2005$184,618,037.382.77%
2006$187,581,869.161.61%
2007$192,407,178.502.57%
2008$199,779,471.033.83%
2009$198,757,427.10-0.51%
2010$202,427,798.131.85%
2011$209,704,483.183.59%
2012$214,599,585.982.33%
2013$218,760,423.361.94%
2014$221,821,774.771.40%
2015$220,439,290.65-0.62%
2016$223,860,126.171.55%
2017$228,730,371.032.18%
2018$234,208,679.442.40%
2019$239,120,035.512.10%
2020$241,884,047.661.16%
2021$253,593,095.334.84%
2022$272,488,957.017.45%
2023$279,862,205.612.71%
2024$286,680,930.842.44%*

* 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 * $102,300,000 = $286,680,930.84

Therefore, according to U.S. Bureau of Labor Statistics, $102,300,000 in 1985 has the same "purchasing power" as $286,680,930.84 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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