Minneapolis/St. Paul, Minnesota prices: $137,000,000 in 1985 $383,922,654.21 in 2024

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2024 ($137,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $246,922,654.21 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, $137,000,000 in Minneapolis/St. Paul in the year 1985 would cost $383,922,654.21 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
Frankfurters · Alcoholic beverages · Indoor plants and flowers · Boston, Massachusetts · More

Buying power of $137,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $137,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$137,000,000.003.78%
1986$138,792,523.361.31%
1987$142,889,719.632.95%
1988$150,059,813.085.02%
1989$156,205,607.484.10%
1990$162,607,476.644.10%
1991$166,960,747.662.68%
1992$172,850,467.293.53%
1993$178,228,037.383.11%
1994$183,861,682.243.16%
1995$188,214,953.272.37%
1996$194,488,785.053.33%
1997$198,970,093.462.30%
1998$202,683,177.571.87%
1999$209,085,046.733.16%
2000$217,791,588.794.16%
2001$225,985,981.313.76%
2002$229,955,140.191.76%
2003$233,924,299.071.73%
2004$240,582,242.992.85%
2005$247,240,186.922.77%
2006$251,209,345.791.61%
2007$257,671,392.522.57%
2008$267,544,355.143.83%
2009$266,175,635.51-0.51%
2010$271,090,990.651.85%
2011$280,835,915.893.59%
2012$287,391,429.912.33%
2013$292,963,616.821.94%
2014$297,063,373.831.40%
2015$295,211,953.27-0.62%
2016$299,793,130.841.55%
2017$306,315,355.142.18%
2018$313,651,897.202.40%
2019$320,229,177.572.10%
2020$323,930,738.321.16%
2021$339,611,476.644.84%
2022$364,916,785.057.45%
2023$374,791,028.042.71%
2024$383,922,654.212.44%*

* 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 * $137,000,000 = $383,922,654.21

Therefore, according to U.S. Bureau of Labor Statistics, $137,000,000 in 1985 has the same "purchasing power" as $383,922,654.21 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.