Minneapolis/St. Paul, Minnesota prices: $140,000 in 1986 $387,262.73 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1986-2024 ($140,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 176.62% higher in 2024 versus 1986 (a $247,262.73 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, $140,000 in Minneapolis/St. Paul in the year 1986 would cost $387,262.73 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
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Buying power of $140,000.00 since 1986

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $140,000 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$140,000.001.31%
1987$144,132.842.95%
1988$151,365.315.02%
1989$157,564.584.10%
1990$164,022.144.10%
1991$168,413.282.68%
1992$174,354.243.53%
1993$179,778.603.11%
1994$185,461.253.16%
1995$189,852.402.37%
1996$196,180.813.33%
1997$200,701.112.30%
1998$204,446.491.87%
1999$210,904.063.16%
2000$219,686.354.16%
2001$227,952.033.76%
2002$231,955.721.76%
2003$235,959.411.73%
2004$242,675.282.85%
2005$249,391.142.77%
2006$253,394.831.61%
2007$259,913.102.57%
2008$269,871.963.83%
2009$268,491.33-0.51%
2010$273,449.451.85%
2011$283,279.153.59%
2012$289,891.702.33%
2013$295,512.361.94%
2014$299,647.791.40%
2015$297,780.26-0.62%
2016$302,401.291.55%
2017$308,980.262.18%
2018$316,380.632.40%
2019$323,015.132.10%
2020$326,748.891.16%
2021$342,566.054.84%
2022$368,091.517.45%
2023$378,051.662.71%
2024$387,262.732.44%*

* 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 * $140,000 = $387,262.73

Therefore, according to U.S. Bureau of Labor Statistics, $140,000 in 1986 has the same "purchasing power" as $387,262.73 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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