Minneapolis/St. Paul, Minnesota prices: $10,000,000,000,000,000,000 in 2005 $15,528,327,291,558,776,832 in 2024

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 2005-2024 ($10,000,000,000,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 55.28% higher in 2024 versus 2005 (a $5,528,327,291,558,776,832 difference in value).

Between 2005 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.34% per year. This rate of change indicates significant inflation. In other words, $10,000,000,000,000,000,000 in Minneapolis/St. Paul in the year 2005 would cost $15,528,327,291,558,776,832 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2005: Pricing changed by 2.77%, which is above the average yearly change in Minneapolis/St. Paul during the 2005-2024 time period. Compared to inflation for all items in 2005 (3.39%), 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
Philadelphia, Pennsylvania · Hospital services · Seattle, Washington · Parking fees and tolls · More

Buying power of $10,000,000,000,000,000,000.00 since 2005

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $10,000,000,000,000,000,000 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2005$10,000,000,000,000,000,000.002.77%
2006$10,160,538,581,046,087,680.001.61%
2007$10,421,905,748,316,934,144.002.57%
2008$10,821,232,522,009,321,472.003.83%
2009$10,765,872,604,867,944,448.00-0.51%
2010$10,964,681,512,169,859,072.001.85%
2011$11,358,829,621,957,537,792.003.59%
2012$11,623,977,213,878,818,816.002.33%
2013$11,849,352,667,011,911,680.001.94%
2014$12,015,173,485,240,807,424.001.40%
2015$11,940,290,005,178,664,960.00-0.62%
2016$12,125,582,599,689,281,536.001.55%
2017$12,389,383,738,995,339,264.002.18%
2018$12,686,121,180,735,367,168.002.40%
2019$12,952,149,145,520,455,680.002.10%
2020$13,101,864,319,005,696,000.001.16%
2021$13,736,095,287,415,848,960.004.84%
2022$14,759,606,421,543,243,776.007.45%
2023$15,158,984,981,874,679,808.002.71%
2024$15,528,327,291,558,776,832.002.44%*

* 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 2005 * 2005 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 193.100 in the year 2005 and 299.852 in 2024:

299.852 / 193.100 * $10,000,000,000,000,000,000 = $15,528,327,291,558,776,832

Therefore, according to U.S. Bureau of Labor Statistics, $10,000,000,000,000,000,000 in 2005 has the same "purchasing power" as $15,528,327,291,558,776,832 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.

» Read more about inflation and investment.