According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 76.28% higher in 2024 versus 2000 (a $324,189,300.41 difference in value).
Between 2000 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.39% per year. This rate of change indicates significant inflation. In other words, $425,000,000 in Minneapolis/St. Paul in the year 2000 would cost $749,189,300.41 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 2000: Pricing changed by 4.16%, which is above the average yearly change in Minneapolis/St. Paul during the 2000-2024 time period. Compared to inflation for all items in 2000 (3.38%), inflation in Minneapolis/St. Paul was higher.
Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $425,000,000 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2000 | $425,000,000.00 | 4.16% |
2001 | $440,990,593.77 | 3.76% |
2002 | $448,736,037.62 | 1.76% |
2003 | $456,481,481.48 | 1.73% |
2004 | $469,473,838.92 | 2.85% |
2005 | $482,466,196.36 | 2.77% |
2006 | $490,211,640.21 | 1.61% |
2007 | $502,821,722.52 | 2.57% |
2008 | $522,087,889.48 | 3.83% |
2009 | $519,416,960.61 | -0.51% |
2010 | $529,008,818.34 | 1.85% |
2011 | $548,025,132.28 | 3.59% |
2012 | $560,817,607.29 | 2.33% |
2013 | $571,691,211.05 | 1.94% |
2014 | $579,691,505.00 | 1.40% |
2015 | $576,078,630.22 | -0.62% |
2016 | $585,018,371.55 | 1.55% |
2017 | $597,745,884.77 | 2.18% |
2018 | $612,062,463.26 | 2.40% |
2019 | $624,897,413.29 | 2.10% |
2020 | $632,120,664.32 | 1.16% |
2021 | $662,720,164.61 | 4.84% |
2022 | $712,101,116.99 | 7.45% |
2023 | $731,369,782.48 | 2.71% |
2024 | $749,189,300.41 | 2.44%* |
* 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:
Year | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 103.100 | 107.000 | 108.400 | 111.600 | 117.200 | 122.000 | 127.000 | 130.400 | 135.000 | 139.200 | 143.600 | 147.000 | 151.900 | 155.400 | 158.300 | 163.300 | 170.100 | 176.500 | 179.600 | 182.700 | 187.900 | 193.100 | 196.200 | 201.247 | 208.958 | 207.889 | 211.728 | 219.339 | 224.459 | 228.811 | 232.013 | 230.567 | 234.145 | 239.239 | 244.969 | 250.106 | 252.997 | 265.244 | 285.008 | 292.720 | 299.852 |