Minneapolis/St. Paul, Minnesota prices: $156,000,000,000 in 1985 $437,167,401,869.16 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($156,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $281,167,401,869.16 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, $156,000,000,000 in Minneapolis/St. Paul in the year 1985 would cost $437,167,401,869.16 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 $156,000,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $156,000,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$156,000,000,000.003.78%
1986$158,041,121,495.331.31%
1987$162,706,542,056.072.95%
1988$170,871,028,037.385.02%
1989$177,869,158,878.504.10%
1990$185,158,878,504.674.10%
1991$190,115,887,850.472.68%
1992$196,822,429,906.543.53%
1993$202,945,794,392.523.11%
1994$209,360,747,663.553.16%
1995$214,317,757,009.352.37%
1996$221,461,682,242.993.33%
1997$226,564,485,981.312.30%
1998$230,792,523,364.491.87%
1999$238,082,242,990.653.16%
2000$247,996,261,682.244.16%
2001$257,327,102,803.743.76%
2002$261,846,728,971.961.76%
2003$266,366,355,140.191.73%
2004$273,947,663,551.402.85%
2005$281,528,971,962.622.77%
2006$286,048,598,130.841.61%
2007$293,406,841,121.502.57%
2008$304,649,046,728.973.83%
2009$303,090,504,672.90-0.51%
2010$308,687,551,401.871.85%
2011$319,783,962,616.823.59%
2012$327,248,635,514.022.33%
2013$333,593,607,476.641.94%
2014$338,261,943,925.231.40%
2015$336,153,757,009.35-0.62%
2016$341,370,280,373.831.55%
2017$348,797,046,728.972.18%
2018$357,151,065,420.562.40%
2019$364,640,523,364.492.10%
2020$368,855,439,252.341.16%
2021$386,710,878,504.674.84%
2022$415,525,682,242.997.45%
2023$426,769,345,794.392.71%
2024$437,167,401,869.162.44%*

* 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 * $156,000,000,000 = $437,167,401,869.16

Therefore, according to U.S. Bureau of Labor Statistics, $156,000,000,000 in 1985 has the same "purchasing power" as $437,167,401,869.16 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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