Minneapolis/St. Paul, Minnesota prices: $41,400,000,000,000 in 1985 $116,017,502,803,738.30 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($41,400,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $74,617,502,803,738.30 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, $41,400,000,000,000 in Minneapolis/St. Paul in the year 1985 would cost $116,017,502,803,738.30 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%).

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Buying power of $41,400,000,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $41,400,000,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$41,400,000,000,000.003.78%
1986$41,941,682,242,990.671.31%
1987$43,179,813,084,112.142.95%
1988$45,346,542,056,074.775.02%
1989$47,203,738,317,757.014.10%
1990$49,138,317,757,009.344.10%
1991$50,453,831,775,700.942.68%
1992$52,233,644,859,813.093.53%
1993$53,858,691,588,785.053.11%
1994$55,561,121,495,327.103.16%
1995$56,876,635,514,018.702.37%
1996$58,772,523,364,485.983.33%
1997$60,126,728,971,962.622.30%
1998$61,248,785,046,728.971.87%
1999$63,183,364,485,981.303.16%
2000$65,814,392,523,364.484.16%
2001$68,290,654,205,607.483.76%
2002$69,490,093,457,943.921.76%
2003$70,689,532,710,280.361.73%
2004$72,701,495,327,102.802.85%
2005$74,713,457,943,925.232.77%
2006$75,912,897,196,261.661.61%
2007$77,865,661,682,242.982.57%
2008$80,849,170,093,457.943.83%
2009$80,435,557,009,345.80-0.51%
2010$81,920,927,102,803.731.85%
2011$84,865,743,925,233.663.59%
2012$86,846,753,271,028.022.33%
2013$88,530,611,214,953.271.94%
2014$89,769,515,887,850.471.40%
2015$89,210,035,514,018.69-0.62%
2016$90,594,420,560,747.661.55%
2017$92,565,370,093,457.942.18%
2018$94,782,398,130,841.132.40%
2019$96,769,985,046,728.952.10%
2020$97,888,558,878,504.691.16%
2021$102,627,117,757,009.364.84%
2022$110,274,123,364,485.987.45%
2023$113,258,018,691,588.802.71%
2024$116,017,502,803,738.302.44%*

* 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 * $41,400,000,000,000 = $116,017,502,803,738.30

Therefore, according to U.S. Bureau of Labor Statistics, $41,400,000,000,000 in 1985 has the same "purchasing power" as $116,017,502,803,738.30 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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