Minneapolis/St. Paul, Minnesota prices: $92,200 in 1985 $258,377.14 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($92,200)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $166,177.14 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, $92,200 in Minneapolis/St. Paul in the year 1985 would cost $258,377.14 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
New trucks · Women's apparel · Admission to sporting events · Electricity · More

Buying power of $92,200.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $92,200 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$92,200.003.78%
1986$93,406.361.31%
1987$96,163.742.95%
1988$100,989.165.02%
1989$105,125.234.10%
1990$109,433.644.10%
1991$112,363.362.68%
1992$116,327.103.53%
1993$119,946.173.11%
1994$123,737.573.16%
1995$126,667.292.37%
1996$130,889.533.33%
1997$133,905.422.30%
1998$136,404.301.87%
1999$140,712.713.16%
2000$146,572.154.16%
2001$152,086.923.76%
2002$154,758.131.76%
2003$157,429.351.73%
2004$161,910.092.85%
2005$166,390.842.77%
2006$169,062.061.61%
2007$173,410.972.57%
2008$180,055.403.83%
2009$179,134.26-0.51%
2010$182,442.261.85%
2011$189,000.523.59%
2012$193,412.332.33%
2013$197,162.381.94%
2014$199,921.481.40%
2015$198,675.49-0.62%
2016$201,758.591.55%
2017$206,148.002.18%
2018$211,085.442.40%
2019$215,511.902.10%
2020$218,003.021.16%
2021$228,556.044.84%
2022$245,586.337.45%
2023$252,231.632.71%
2024$258,377.142.44%*

* 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 * $92,200 = $258,377.14

Therefore, according to U.S. Bureau of Labor Statistics, $92,200 in 1985 has the same "purchasing power" as $258,377.14 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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