Minneapolis/St. Paul, Minnesota prices: $104,000,000 in 1995 $212,140,190.48 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2024 ($104,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 103.98% higher in 2024 versus 1995 (a $108,140,190.48 difference in value).

Between 1995 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.49% per year. This rate of change indicates significant inflation. In other words, $104,000,000 in Minneapolis/St. Paul in the year 1995 would cost $212,140,190.48 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1995: Pricing changed by 2.37%, which is below the average yearly change in Minneapolis/St. Paul during the 1995-2024 time period. Compared to inflation for all items in 1995 (2.81%), 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 $104,000,000.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $104,000,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$104,000,000.002.37%
1996$107,466,666.673.33%
1997$109,942,857.142.30%
1998$111,994,557.821.87%
1999$115,531,972.793.16%
2000$120,342,857.144.16%
2001$124,870,748.303.76%
2002$127,063,945.581.76%
2003$129,257,142.861.73%
2004$132,936,054.422.85%
2005$136,614,965.992.77%
2006$138,808,163.271.61%
2007$142,378,829.932.57%
2008$147,834,231.293.83%
2009$147,077,931.97-0.51%
2010$149,793,959.181.85%
2011$155,178,612.243.59%
2012$158,800,925.172.33%
2013$161,879,891.161.94%
2014$164,145,251.701.40%
2015$163,122,231.29-0.62%
2016$165,653,605.441.55%
2017$169,257,523.812.18%
2018$173,311,401.362.40%
2019$176,945,741.502.10%
2020$178,991,074.831.16%
2021$187,655,619.054.84%
2022$201,638,312.937.45%
2023$207,094,421.772.71%
2024$212,140,190.482.44%*

* 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 1995 * 1995 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 147.000 in the year 1995 and 299.852 in 2024:

299.852 / 147.000 * $104,000,000 = $212,140,190.48

Therefore, according to U.S. Bureau of Labor Statistics, $104,000,000 in 1995 has the same "purchasing power" as $212,140,190.48 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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