Minneapolis/St. Paul, Minnesota prices: $52,500,000 in 1985 $147,123,644.86 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($52,500,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $94,623,644.86 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, $52,500,000 in Minneapolis/St. Paul in the year 1985 would cost $147,123,644.86 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
Gasoline (all types) · Milk · Chicago, Illinois · New cars · More

Buying power of $52,500,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $52,500,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$52,500,000.003.78%
1986$53,186,915.891.31%
1987$54,757,009.352.95%
1988$57,504,672.905.02%
1989$59,859,813.084.10%
1990$62,313,084.114.10%
1991$63,981,308.412.68%
1992$66,238,317.763.53%
1993$68,299,065.423.11%
1994$70,457,943.933.16%
1995$72,126,168.222.37%
1996$74,530,373.833.33%
1997$76,247,663.552.30%
1998$77,670,560.751.87%
1999$80,123,831.783.16%
2000$83,460,280.374.16%
2001$86,600,467.293.76%
2002$88,121,495.331.76%
2003$89,642,523.361.73%
2004$92,193,925.232.85%
2005$94,745,327.102.77%
2006$96,266,355.141.61%
2007$98,742,686.922.57%
2008$102,526,121.503.83%
2009$102,001,612.15-0.51%
2010$103,885,233.641.85%
2011$107,619,602.803.59%
2012$110,131,752.342.33%
2013$112,267,079.441.94%
2014$113,838,154.211.40%
2015$113,128,668.22-0.62%
2016$114,884,228.971.55%
2017$117,383,621.502.18%
2018$120,195,070.092.40%
2019$122,715,560.752.10%
2020$124,134,042.061.16%
2021$130,143,084.114.84%
2022$139,840,373.837.45%
2023$143,624,299.072.71%
2024$147,123,644.862.44%*

* 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 * $52,500,000 = $147,123,644.86

Therefore, according to U.S. Bureau of Labor Statistics, $52,500,000 in 1985 has the same "purchasing power" as $147,123,644.86 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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