Minneapolis/St. Paul, Minnesota prices: $35,000,000,000,000 in 1985 $98,082,429,906,542.06 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($35,000,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $63,082,429,906,542.06 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, $35,000,000,000,000 in Minneapolis/St. Paul in the year 1985 would cost $98,082,429,906,542.06 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 $35,000,000,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $35,000,000,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$35,000,000,000,000.003.78%
1986$35,457,943,925,233.651.31%
1987$36,504,672,897,196.262.95%
1988$38,336,448,598,130.845.02%
1989$39,906,542,056,074.774.10%
1990$41,542,056,074,766.354.10%
1991$42,654,205,607,476.632.68%
1992$44,158,878,504,672.903.53%
1993$45,532,710,280,373.833.11%
1994$46,971,962,616,822.433.16%
1995$48,084,112,149,532.712.37%
1996$49,686,915,887,850.473.33%
1997$50,831,775,700,934.582.30%
1998$51,780,373,831,775.701.87%
1999$53,415,887,850,467.293.16%
2000$55,640,186,915,887.854.16%
2001$57,733,644,859,813.093.76%
2002$58,747,663,551,401.871.76%
2003$59,761,682,242,990.651.73%
2004$61,462,616,822,429.912.85%
2005$63,163,551,401,869.162.77%
2006$64,177,570,093,457.941.61%
2007$65,828,457,943,925.232.57%
2008$68,350,747,663,551.403.83%
2009$68,001,074,766,355.14-0.51%
2010$69,256,822,429,906.531.85%
2011$71,746,401,869,158.893.59%
2012$73,421,168,224,299.062.33%
2013$74,844,719,626,168.221.94%
2014$75,892,102,803,738.311.40%
2015$75,419,112,149,532.70-0.62%
2016$76,589,485,981,308.411.55%
2017$78,255,747,663,551.412.18%
2018$80,130,046,728,971.952.40%
2019$81,810,373,831,775.702.10%
2020$82,756,028,037,383.171.16%
2021$86,762,056,074,766.364.84%
2022$93,226,915,887,850.487.45%
2023$95,749,532,710,280.382.71%
2024$98,082,429,906,542.062.44%*

* 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 * $35,000,000,000,000 = $98,082,429,906,542.06

Therefore, according to U.S. Bureau of Labor Statistics, $35,000,000,000,000 in 1985 has the same "purchasing power" as $98,082,429,906,542.06 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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