Minneapolis/St. Paul, Minnesota prices: $210,800,000 in 1985 $590,736,463.55 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($210,800,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $379,936,463.55 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, $210,800,000 in Minneapolis/St. Paul in the year 1985 would cost $590,736,463.55 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
Housing · Gasoline (all types) · New trucks · Parking fees and tolls · More

Buying power of $210,800,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $210,800,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$210,800,000.003.78%
1986$213,558,130.841.31%
1987$219,862,429.912.95%
1988$230,894,953.275.02%
1989$240,351,401.874.10%
1990$250,201,869.164.10%
1991$256,900,186.922.68%
1992$265,962,616.823.53%
1993$274,237,009.353.11%
1994$282,905,420.563.16%
1995$289,603,738.322.37%
1996$299,257,196.263.33%
1997$306,152,523.362.30%
1998$311,865,794.391.87%
1999$321,716,261.683.16%
2000$335,112,897.204.16%
2001$347,721,495.333.76%
2002$353,828,785.051.76%
2003$359,936,074.771.73%
2004$370,180,560.752.85%
2005$380,425,046.732.77%
2006$386,532,336.451.61%
2007$396,475,398.132.57%
2008$411,666,788.793.83%
2009$409,560,758.88-0.51%
2010$417,123,947.661.85%
2011$432,118,328.973.59%
2012$442,205,207.482.33%
2013$450,779,054.211.94%
2014$457,087,293.461.40%
2015$454,238,538.32-0.62%
2016$461,287,532.711.55%
2017$471,323,188.792.18%
2018$482,611,824.302.40%
2019$492,732,194.392.10%
2020$498,427,734.581.16%
2021$522,555,469.164.84%
2022$561,492,396.267.45%
2023$576,685,757.012.71%
2024$590,736,463.552.44%*

* 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 * $210,800,000 = $590,736,463.55

Therefore, according to U.S. Bureau of Labor Statistics, $210,800,000 in 1985 has the same "purchasing power" as $590,736,463.55 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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