Minneapolis/St. Paul, Minnesota prices: $410,000 in 1986 $1,134,126.57 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1986-2024 ($410,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 176.62% higher in 2024 versus 1986 (a $724,126.57 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, $410,000 in Minneapolis/St. Paul in the year 1986 would cost $1,134,126.57 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
Alcoholic beverages · Frankfurters · Minneapolis-St Paul, Minnesota · Fish and seafood · More

Buying power of $410,000.00 since 1986

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $410,000 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$410,000.001.31%
1987$422,103.322.95%
1988$443,284.135.02%
1989$461,439.114.10%
1990$480,350.554.10%
1991$493,210.332.68%
1992$510,608.863.53%
1993$526,494.463.11%
1994$543,136.533.16%
1995$555,996.312.37%
1996$574,529.523.33%
1997$587,767.532.30%
1998$598,736.161.87%
1999$617,647.603.16%
2000$643,367.164.16%
2001$667,573.803.76%
2002$679,298.891.76%
2003$691,023.991.73%
2004$710,691.882.85%
2005$730,359.782.77%
2006$742,084.871.61%
2007$761,174.082.57%
2008$790,339.303.83%
2009$786,296.03-0.51%
2010$800,816.241.85%
2011$829,603.233.59%
2012$848,968.542.33%
2013$865,429.061.94%
2014$877,539.941.40%
2015$872,070.76-0.62%
2016$885,603.781.55%
2017$904,870.762.18%
2018$926,543.272.40%
2019$945,972.882.10%
2020$956,907.471.16%
2021$1,003,229.154.84%
2022$1,077,982.297.45%
2023$1,107,151.292.71%
2024$1,134,126.572.44%*

* 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 * $410,000 = $1,134,126.57

Therefore, according to U.S. Bureau of Labor Statistics, $410,000 in 1986 has the same "purchasing power" as $1,134,126.57 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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