Minneapolis/St. Paul, Minnesota prices: $105,000 in 1986 $290,447.05 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1986-2024 ($105,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 176.62% higher in 2024 versus 1986 (a $185,447.05 difference in value).

Between 1986 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.71% per year. This rate of change indicates significant inflation. In other words, $105,000 in Minneapolis/St. Paul in the year 1986 would cost $290,447.05 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.81% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1986: Pricing changed by 1.31%, which is below the average yearly change in Minneapolis/St. Paul during the 1986-2024 time period. Compared to inflation for all items in 1986 (1.90%), inflation in Minneapolis/St. Paul was lower.

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
Electricity · College tuition and fees · Minneapolis-St Paul, Minnesota · Medical care · More

Buying power of $105,000.00 since 1986

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $105,000 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$105,000.001.31%
1987$108,099.632.95%
1988$113,523.995.02%
1989$118,173.434.10%
1990$123,016.614.10%
1991$126,309.962.68%
1992$130,765.683.53%
1993$134,833.953.11%
1994$139,095.943.16%
1995$142,389.302.37%
1996$147,135.613.33%
1997$150,525.832.30%
1998$153,334.871.87%
1999$158,178.043.16%
2000$164,764.764.16%
2001$170,964.023.76%
2002$173,966.791.76%
2003$176,969.561.73%
2004$182,006.462.85%
2005$187,043.362.77%
2006$190,046.131.61%
2007$194,934.822.57%
2008$202,403.973.83%
2009$201,368.50-0.51%
2010$205,087.081.85%
2011$212,459.363.59%
2012$217,418.772.33%
2013$221,634.271.94%
2014$224,735.841.40%
2015$223,335.19-0.62%
2016$226,800.971.55%
2017$231,735.192.18%
2018$237,285.472.40%
2019$242,261.352.10%
2020$245,061.671.16%
2021$256,924.544.84%
2022$276,068.637.45%
2023$283,538.752.71%
2024$290,447.052.44%*

* 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 1986 * 1986 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 108.400 in the year 1986 and 299.852 in 2024:

299.852 / 108.400 * $105,000 = $290,447.05

Therefore, according to U.S. Bureau of Labor Statistics, $105,000 in 1986 has the same "purchasing power" as $290,447.05 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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