Minneapolis/St. Paul, Minnesota prices: $152,800 in 1985 $428,199.87 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($152,800)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $275,399.87 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, $152,800 in Minneapolis/St. Paul in the year 1985 would cost $428,199.87 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
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Buying power of $152,800.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $152,800 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$152,800.003.78%
1986$154,799.251.31%
1987$159,368.972.95%
1988$167,365.985.02%
1989$174,220.564.10%
1990$181,360.754.10%
1991$186,216.072.68%
1992$192,785.053.53%
1993$198,782.803.11%
1994$205,066.173.16%
1995$209,921.502.37%
1996$216,918.883.33%
1997$221,917.012.30%
1998$226,058.321.87%
1999$233,198.503.16%
2000$242,909.164.16%
2001$252,048.603.76%
2002$256,475.511.76%
2003$260,902.431.73%
2004$268,328.222.85%
2005$275,754.022.77%
2006$280,180.931.61%
2007$287,388.242.57%
2008$298,399.843.83%
2009$296,873.26-0.51%
2010$302,355.501.85%
2011$313,224.293.59%
2012$320,535.842.33%
2013$326,750.661.94%
2014$331,323.241.40%
2015$329,258.30-0.62%
2016$334,367.811.55%
2017$341,642.242.18%
2018$349,824.892.40%
2019$357,160.722.10%
2020$361,289.171.16%
2021$378,778.354.84%
2022$407,002.087.45%
2023$418,015.102.71%
2024$428,199.872.44%*

* 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 * $152,800 = $428,199.87

Therefore, according to U.S. Bureau of Labor Statistics, $152,800 in 1985 has the same "purchasing power" as $428,199.87 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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