Minneapolis/St. Paul, Minnesota prices: $36,400,000 in 1985 $102,005,727.10 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($36,400,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $65,605,727.10 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, $36,400,000 in Minneapolis/St. Paul in the year 1985 would cost $102,005,727.10 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 $36,400,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $36,400,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$36,400,000.003.78%
1986$36,876,261.681.31%
1987$37,964,859.812.95%
1988$39,869,906.545.02%
1989$41,502,803.744.10%
1990$43,203,738.324.10%
1991$44,360,373.832.68%
1992$45,925,233.643.53%
1993$47,354,018.693.11%
1994$48,850,841.123.16%
1995$50,007,476.642.37%
1996$51,674,392.523.33%
1997$52,865,046.732.30%
1998$53,851,588.791.87%
1999$55,552,523.363.16%
2000$57,865,794.394.16%
2001$60,042,990.653.76%
2002$61,097,570.091.76%
2003$62,152,149.531.73%
2004$63,921,121.502.85%
2005$65,690,093.462.77%
2006$66,744,672.901.61%
2007$68,461,596.262.57%
2008$71,084,777.573.83%
2009$70,721,117.76-0.51%
2010$72,027,095.331.85%
2011$74,616,257.943.59%
2012$76,358,014.952.33%
2013$77,838,508.411.94%
2014$78,927,786.921.40%
2015$78,435,876.64-0.62%
2016$79,653,065.421.55%
2017$81,385,977.572.18%
2018$83,335,248.602.40%
2019$85,082,788.792.10%
2020$86,066,269.161.16%
2021$90,232,538.324.84%
2022$96,955,992.527.45%
2023$99,579,514.022.71%
2024$102,005,727.102.44%*

* 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 * $36,400,000 = $102,005,727.10

Therefore, according to U.S. Bureau of Labor Statistics, $36,400,000 in 1985 has the same "purchasing power" as $102,005,727.10 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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