Minneapolis/St. Paul, Minnesota prices: $226,000,000 in 1985 $633,332,261.68 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($226,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $407,332,261.68 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, $226,000,000 in Minneapolis/St. Paul in the year 1985 would cost $633,332,261.68 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 $226,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $226,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$226,000,000.003.78%
1986$228,957,009.351.31%
1987$235,715,887.852.95%
1988$247,543,925.235.02%
1989$257,682,242.994.10%
1990$268,242,990.654.10%
1991$275,424,299.072.68%
1992$285,140,186.923.53%
1993$294,011,214.953.11%
1994$303,304,672.903.16%
1995$310,485,981.312.37%
1996$320,835,514.023.33%
1997$328,228,037.382.30%
1998$334,353,271.031.87%
1999$344,914,018.693.16%
2000$359,276,635.514.16%
2001$372,794,392.523.76%
2002$379,342,056.071.76%
2003$385,889,719.631.73%
2004$396,872,897.202.85%
2005$407,856,074.772.77%
2006$414,403,738.321.61%
2007$425,063,757.012.57%
2008$441,350,542.063.83%
2009$439,092,654.21-0.51%
2010$447,201,196.261.85%
2011$463,276,766.363.59%
2012$474,090,971.962.33%
2013$483,283,046.731.94%
2014$490,046,149.531.40%
2015$486,991,981.31-0.62%
2016$494,549,252.341.55%
2017$505,308,542.062.18%
2018$517,411,158.882.40%
2019$528,261,271.032.10%
2020$534,367,495.331.16%
2021$560,234,990.654.84%
2022$601,979,514.027.45%
2023$618,268,411.212.71%
2024$633,332,261.682.44%*

* 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 * $226,000,000 = $633,332,261.68

Therefore, according to U.S. Bureau of Labor Statistics, $226,000,000 in 1985 has the same "purchasing power" as $633,332,261.68 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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