Minneapolis/St. Paul, Minnesota prices: $195,000,000 in 1985 $546,459,252.34 in 2024

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2024 ($195,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $351,459,252.34 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, $195,000,000 in Minneapolis/St. Paul in the year 1985 would cost $546,459,252.34 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
Rent of primary residence · New cars · St Louis, Missouri · San Francisco, California · More

Buying power of $195,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $195,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$195,000,000.003.78%
1986$197,551,401.871.31%
1987$203,383,177.572.95%
1988$213,588,785.055.02%
1989$222,336,448.604.10%
1990$231,448,598.134.10%
1991$237,644,859.812.68%
1992$246,028,037.383.53%
1993$253,682,242.993.11%
1994$261,700,934.583.16%
1995$267,897,196.262.37%
1996$276,827,102.803.33%
1997$283,205,607.482.30%
1998$288,490,654.211.87%
1999$297,602,803.743.16%
2000$309,995,327.104.16%
2001$321,658,878.503.76%
2002$327,308,411.211.76%
2003$332,957,943.931.73%
2004$342,434,579.442.85%
2005$351,911,214.952.77%
2006$357,560,747.661.61%
2007$366,758,551.402.57%
2008$380,811,308.413.83%
2009$378,863,130.84-0.51%
2010$385,859,439.251.85%
2011$399,729,953.273.59%
2012$409,060,794.392.33%
2013$416,992,009.351.94%
2014$422,827,429.911.40%
2015$420,192,196.26-0.62%
2016$426,712,850.471.55%
2017$435,996,308.412.18%
2018$446,438,831.782.40%
2019$455,800,654.212.10%
2020$461,069,299.071.16%
2021$483,388,598.134.84%
2022$519,407,102.807.45%
2023$533,461,682.242.71%
2024$546,459,252.342.44%*

* 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 * $195,000,000 = $546,459,252.34

Therefore, according to U.S. Bureau of Labor Statistics, $195,000,000 in 1985 has the same "purchasing power" as $546,459,252.34 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.