Minneapolis/St. Paul, Minnesota prices: $85,000,000 in 1986 $235,123,800.74 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1986-2024 ($85,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 176.62% higher in 2024 versus 1986 (a $150,123,800.74 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, $85,000,000 in Minneapolis/St. Paul in the year 1986 would cost $235,123,800.74 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%).

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Buying power of $85,000,000.00 since 1986

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $85,000,000 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$85,000,000.001.31%
1987$87,509,225.092.95%
1988$91,900,369.005.02%
1989$95,664,206.644.10%
1990$99,584,870.854.10%
1991$102,250,922.512.68%
1992$105,857,933.583.53%
1993$109,151,291.513.11%
1994$112,601,476.013.16%
1995$115,267,527.682.37%
1996$119,109,778.603.33%
1997$121,854,243.542.30%
1998$124,128,228.781.87%
1999$128,048,892.993.16%
2000$133,380,996.314.16%
2001$138,399,446.493.76%
2002$140,830,258.301.76%
2003$143,261,070.111.73%
2004$147,338,560.892.85%
2005$151,416,051.662.77%
2006$153,846,863.471.61%
2007$157,804,381.922.57%
2008$163,850,830.263.83%
2009$163,012,592.25-0.51%
2010$166,022,878.231.85%
2011$171,990,913.283.59%
2012$176,005,673.432.33%
2013$179,418,219.561.94%
2014$181,929,012.921.40%
2015$180,795,156.83-0.62%
2016$183,600,784.131.55%
2017$187,595,156.832.18%
2018$192,088,238.012.40%
2019$196,116,328.412.10%
2020$198,383,256.461.16%
2021$207,986,531.374.84%
2022$223,484,132.847.45%
2023$229,531,365.312.71%
2024$235,123,800.742.44%*

* 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 * $85,000,000 = $235,123,800.74

Therefore, according to U.S. Bureau of Labor Statistics, $85,000,000 in 1986 has the same "purchasing power" as $235,123,800.74 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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