Minneapolis/St. Paul, Minnesota prices: $140,000,000 in 1985 $392,329,719.63 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($140,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $252,329,719.63 difference in value).

Between 1985 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.68% per year. This rate of change indicates significant inflation. In other words, $140,000,000 in Minneapolis/St. Paul in the year 1985 would cost $392,329,719.63 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1985: Pricing changed by 3.78%, which is above the average yearly change in Minneapolis/St. Paul during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), inflation in Minneapolis/St. Paul was higher.

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 $140,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $140,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$140,000,000.003.78%
1986$141,831,775.701.31%
1987$146,018,691.592.95%
1988$153,345,794.395.02%
1989$159,626,168.224.10%
1990$166,168,224.304.10%
1991$170,616,822.432.68%
1992$176,635,514.023.53%
1993$182,130,841.123.11%
1994$187,887,850.473.16%
1995$192,336,448.602.37%
1996$198,747,663.553.33%
1997$203,327,102.802.30%
1998$207,121,495.331.87%
1999$213,663,551.403.16%
2000$222,560,747.664.16%
2001$230,934,579.443.76%
2002$234,990,654.211.76%
2003$239,046,728.971.73%
2004$245,850,467.292.85%
2005$252,654,205.612.77%
2006$256,710,280.371.61%
2007$263,313,831.782.57%
2008$273,402,990.653.83%
2009$272,004,299.07-0.51%
2010$277,027,289.721.85%
2011$286,985,607.483.59%
2012$293,684,672.902.33%
2013$299,378,878.501.94%
2014$303,568,411.211.40%
2015$301,676,448.60-0.62%
2016$306,357,943.931.55%
2017$313,022,990.652.18%
2018$320,520,186.922.40%
2019$327,241,495.332.10%
2020$331,024,112.151.16%
2021$347,048,224.304.84%
2022$372,907,663.557.45%
2023$382,998,130.842.71%
2024$392,329,719.632.44%*

* 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 1985 * 1985 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 107.000 in the year 1985 and 299.852 in 2024:

299.852 / 107.000 * $140,000,000 = $392,329,719.63

Therefore, according to U.S. Bureau of Labor Statistics, $140,000,000 in 1985 has the same "purchasing power" as $392,329,719.63 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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