Minneapolis/St. Paul, Minnesota prices: $126,000,000 in 1985 $353,096,747.66 in 2024

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2024 ($126,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $227,096,747.66 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, $126,000,000 in Minneapolis/St. Paul in the year 1985 would cost $353,096,747.66 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
Denver, Colorado · Airline fares · Bananas · Tampa, Florida · More

Buying power of $126,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $126,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$126,000,000.003.78%
1986$127,648,598.131.31%
1987$131,416,822.432.95%
1988$138,011,214.955.02%
1989$143,663,551.404.10%
1990$149,551,401.874.10%
1991$153,555,140.192.68%
1992$158,971,962.623.53%
1993$163,917,757.013.11%
1994$169,099,065.423.16%
1995$173,102,803.742.37%
1996$178,872,897.203.33%
1997$182,994,392.522.30%
1998$186,409,345.791.87%
1999$192,297,196.263.16%
2000$200,304,672.904.16%
2001$207,841,121.503.76%
2002$211,491,588.791.76%
2003$215,142,056.071.73%
2004$221,265,420.562.85%
2005$227,388,785.052.77%
2006$231,039,252.341.61%
2007$236,982,448.602.57%
2008$246,062,691.593.83%
2009$244,803,869.16-0.51%
2010$249,324,560.751.85%
2011$258,287,046.733.59%
2012$264,316,205.612.33%
2013$269,440,990.651.94%
2014$273,211,570.091.40%
2015$271,508,803.74-0.62%
2016$275,722,149.531.55%
2017$281,720,691.592.18%
2018$288,468,168.222.40%
2019$294,517,345.792.10%
2020$297,921,700.931.16%
2021$312,343,401.874.84%
2022$335,616,897.207.45%
2023$344,698,317.762.71%
2024$353,096,747.662.44%*

* 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 * $126,000,000 = $353,096,747.66

Therefore, according to U.S. Bureau of Labor Statistics, $126,000,000 in 1985 has the same "purchasing power" as $353,096,747.66 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.