Minneapolis/St. Paul, Minnesota prices: $195,300,000 in 1985 $547,299,958.88 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($195,300,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $351,999,958.88 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, $195,300,000 in Minneapolis/St. Paul in the year 1985 would cost $547,299,958.88 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 $195,300,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $195,300,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$195,300,000.003.78%
1986$197,855,327.101.31%
1987$203,696,074.772.95%
1988$213,917,383.185.02%
1989$222,678,504.674.10%
1990$231,804,672.904.10%
1991$238,010,467.292.68%
1992$246,406,542.063.53%
1993$254,072,523.363.11%
1994$262,103,551.403.16%
1995$268,309,345.792.37%
1996$277,252,990.653.33%
1997$283,641,308.412.30%
1998$288,934,485.981.87%
1999$298,060,654.213.16%
2000$310,472,242.994.16%
2001$322,153,738.323.76%
2002$327,811,962.621.76%
2003$333,470,186.921.73%
2004$342,961,401.872.85%
2005$352,452,616.822.77%
2006$358,110,841.121.61%
2007$367,322,795.332.57%
2008$381,397,171.963.83%
2009$379,445,997.20-0.51%
2010$386,453,069.161.85%
2011$400,344,922.433.59%
2012$409,690,118.692.33%
2013$417,633,535.511.94%
2014$423,477,933.641.40%
2015$420,838,645.79-0.62%
2016$427,369,331.781.55%
2017$436,667,071.962.18%
2018$447,125,660.752.40%
2019$456,501,885.982.10%
2020$461,778,636.451.16%
2021$484,132,272.904.84%
2022$520,206,190.657.45%
2023$534,282,392.522.71%
2024$547,299,958.882.44%*

* 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 * $195,300,000 = $547,299,958.88

Therefore, according to U.S. Bureau of Labor Statistics, $195,300,000 in 1985 has the same "purchasing power" as $547,299,958.88 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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