Minneapolis/St. Paul, Minnesota prices: $330,000,000 in 1985 $924,777,196.26 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($330,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $594,777,196.26 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, $330,000,000 in Minneapolis/St. Paul in the year 1985 would cost $924,777,196.26 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
Fresh fruits · Food · Minneapolis-St Paul, Minnesota · Medical care · More

Buying power of $330,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $330,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$330,000,000.003.78%
1986$334,317,757.011.31%
1987$344,186,915.892.95%
1988$361,457,943.935.02%
1989$376,261,682.244.10%
1990$391,682,242.994.10%
1991$402,168,224.302.68%
1992$416,355,140.193.53%
1993$429,308,411.213.11%
1994$442,878,504.673.16%
1995$453,364,485.982.37%
1996$468,476,635.513.33%
1997$479,271,028.042.30%
1998$488,214,953.271.87%
1999$503,635,514.023.16%
2000$524,607,476.644.16%
2001$544,345,794.393.76%
2002$553,906,542.061.76%
2003$563,467,289.721.73%
2004$579,504,672.902.85%
2005$595,542,056.072.77%
2006$605,102,803.741.61%
2007$620,668,317.762.57%
2008$644,449,906.543.83%
2009$641,152,990.65-0.51%
2010$652,992,897.201.85%
2011$676,466,074.773.59%
2012$692,256,728.972.33%
2013$705,678,785.051.94%
2014$715,554,112.151.40%
2015$711,094,485.98-0.62%
2016$722,129,439.251.55%
2017$737,839,906.542.18%
2018$755,511,869.162.40%
2019$771,354,953.272.10%
2020$780,271,121.501.16%
2021$818,042,242.994.84%
2022$878,996,635.517.45%
2023$902,781,308.412.71%
2024$924,777,196.262.44%*

* 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 * $330,000,000 = $924,777,196.26

Therefore, according to U.S. Bureau of Labor Statistics, $330,000,000 in 1985 has the same "purchasing power" as $924,777,196.26 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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