Minneapolis/St. Paul, Minnesota prices: $125,180,000,000 in 1985 $350,798,816,448.60 in 2024

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2024 ($125,180,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $225,618,816,448.60 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, $125,180,000,000 in Minneapolis/St. Paul in the year 1985 would cost $350,798,816,448.60 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
Atlanta, Georgia · Educational books and supplies · Houston, Texas · Legal services · More

Buying power of $125,180,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $125,180,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$125,180,000,000.003.78%
1986$126,817,869,158.881.31%
1987$130,561,570,093.462.95%
1988$137,113,046,728.975.02%
1989$142,728,598,130.844.10%
1990$148,578,130,841.124.10%
1991$152,555,813,084.112.68%
1992$157,937,383,177.573.53%
1993$162,850,990,654.213.11%
1994$167,998,579,439.253.16%
1995$171,976,261,682.242.37%
1996$177,708,803,738.323.33%
1997$181,803,476,635.512.30%
1998$185,196,205,607.481.87%
1999$191,045,738,317.763.16%
2000$199,001,102,803.744.16%
2001$206,488,504,672.903.76%
2002$210,115,214,953.271.76%
2003$213,741,925,233.641.73%
2004$219,825,439,252.342.85%
2005$225,908,953,271.032.77%
2006$229,535,663,551.401.61%
2007$235,440,181,869.162.57%
2008$244,461,331,214.953.83%
2009$243,210,701,121.50-0.51%
2010$247,701,972,336.451.85%
2011$256,606,131,028.043.59%
2012$262,596,052,523.362.33%
2013$267,687,485,794.391.94%
2014$271,433,526,542.061.40%
2015$269,741,841,682.24-0.62%
2016$273,927,767,289.721.55%
2017$279,887,271,214.952.18%
2018$286,590,835,700.932.40%
2019$292,600,645,607.482.10%
2020$295,982,845,420.561.16%
2021$310,310,690,841.124.84%
2022$333,432,723,738.327.45%
2023$342,455,042,990.652.71%
2024$350,798,816,448.602.44%*

* 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 * $125,180,000,000 = $350,798,816,448.60

Therefore, according to U.S. Bureau of Labor Statistics, $125,180,000,000 in 1985 has the same "purchasing power" as $350,798,816,448.60 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.