Minneapolis/St. Paul, Minnesota prices: $95,000 in 1986 $262,785.42 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1986-2024 ($95,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 176.62% higher in 2024 versus 1986 (a $167,785.42 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, $95,000 in Minneapolis/St. Paul in the year 1986 would cost $262,785.42 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
Dental services · College tuition and fees · Parking fees and tolls · Gasoline (all types) · More

Buying power of $95,000.00 since 1986

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $95,000 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$95,000.001.31%
1987$97,804.432.95%
1988$102,712.185.02%
1989$106,918.824.10%
1990$111,300.744.10%
1991$114,280.442.68%
1992$118,311.813.53%
1993$121,992.623.11%
1994$125,848.713.16%
1995$128,828.412.37%
1996$133,122.693.33%
1997$136,190.042.30%
1998$138,731.551.87%
1999$143,113.473.16%
2000$149,072.884.16%
2001$154,681.733.76%
2002$157,398.521.76%
2003$160,115.311.73%
2004$164,672.512.85%
2005$169,229.702.77%
2006$171,946.491.61%
2007$176,369.602.57%
2008$183,127.403.83%
2009$182,190.54-0.51%
2010$185,554.981.85%
2011$192,225.143.59%
2012$196,712.222.33%
2013$200,526.251.94%
2014$203,332.431.40%
2015$202,065.18-0.62%
2016$205,200.881.55%
2017$209,665.182.18%
2018$214,686.852.40%
2019$219,188.842.10%
2020$221,722.461.16%
2021$232,455.544.84%
2022$249,776.387.45%
2023$256,535.062.71%
2024$262,785.422.44%*

* 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 * $95,000 = $262,785.42

Therefore, according to U.S. Bureau of Labor Statistics, $95,000 in 1986 has the same "purchasing power" as $262,785.42 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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