Minneapolis/St. Paul, Minnesota prices: $95,000,000 in 1985 $266,223,738.32 in 2024

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1985-2024 ($95,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $171,223,738.32 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, $95,000,000 in Minneapolis/St. Paul in the year 1985 would cost $266,223,738.32 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
Legal services · Jewelry · Electricity · Chicago, Illinois · More

Buying power of $95,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $95,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$95,000,000.003.78%
1986$96,242,990.651.31%
1987$99,084,112.152.95%
1988$104,056,074.775.02%
1989$108,317,757.014.10%
1990$112,757,009.354.10%
1991$115,775,700.932.68%
1992$119,859,813.083.53%
1993$123,588,785.053.11%
1994$127,495,327.103.16%
1995$130,514,018.692.37%
1996$134,864,485.983.33%
1997$137,971,962.622.30%
1998$140,546,728.971.87%
1999$144,985,981.313.16%
2000$151,023,364.494.16%
2001$156,705,607.483.76%
2002$159,457,943.931.76%
2003$162,210,280.371.73%
2004$166,827,102.802.85%
2005$171,443,925.232.77%
2006$174,196,261.681.61%
2007$178,677,242.992.57%
2008$185,523,457.943.83%
2009$184,574,345.79-0.51%
2010$187,982,803.741.85%
2011$194,740,233.643.59%
2012$199,286,028.042.33%
2013$203,149,953.271.94%
2014$205,992,850.471.40%
2015$204,709,018.69-0.62%
2016$207,885,747.661.55%
2017$212,408,457.942.18%
2018$217,495,841.122.40%
2019$222,056,728.972.10%
2020$224,623,504.671.16%
2021$235,497,009.354.84%
2022$253,044,485.987.45%
2023$259,891,588.792.71%
2024$266,223,738.322.44%*

* 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 * $95,000,000 = $266,223,738.32

Therefore, according to U.S. Bureau of Labor Statistics, $95,000,000 in 1985 has the same "purchasing power" as $266,223,738.32 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.

» Read more about inflation and investment.