Minneapolis/St. Paul, Minnesota prices: $33,100,000 in 1985 $92,757,955.14 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($33,100,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $59,657,955.14 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, $33,100,000 in Minneapolis/St. Paul in the year 1985 would cost $92,757,955.14 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 $33,100,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $33,100,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$33,100,000.003.78%
1986$33,533,084.111.31%
1987$34,522,990.652.95%
1988$36,255,327.105.02%
1989$37,740,186.924.10%
1990$39,286,915.894.10%
1991$40,338,691.592.68%
1992$41,761,682.243.53%
1993$43,060,934.583.11%
1994$44,422,056.073.16%
1995$45,473,831.782.37%
1996$46,989,626.173.33%
1997$48,072,336.452.30%
1998$48,969,439.251.87%
1999$50,516,168.223.16%
2000$52,619,719.634.16%
2001$54,599,532.713.76%
2002$55,558,504.671.76%
2003$56,517,476.641.73%
2004$58,126,074.772.85%
2005$59,734,672.902.77%
2006$60,693,644.861.61%
2007$62,254,913.082.57%
2008$64,640,278.503.83%
2009$64,309,587.85-0.51%
2010$65,497,166.361.85%
2011$67,851,597.203.59%
2012$69,435,447.662.33%
2013$70,781,720.561.94%
2014$71,772,245.791.40%
2015$71,324,931.78-0.62%
2016$72,431,771.031.55%
2017$74,007,578.502.18%
2018$75,780,129.912.40%
2019$77,369,239.252.10%
2020$78,263,557.941.16%
2021$82,052,115.894.84%
2022$88,166,026.177.45%
2023$90,551,700.932.71%
2024$92,757,955.142.44%*

* 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 * $33,100,000 = $92,757,955.14

Therefore, according to U.S. Bureau of Labor Statistics, $33,100,000 in 1985 has the same "purchasing power" as $92,757,955.14 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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