Minneapolis/St. Paul, Minnesota prices: $425,000,000 in 2000 $749,189,300.41 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2000-2024 ($425,000,000)

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.

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%).

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Buying power of $425,000,000.00 since 2000

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:

YearUSD ValueInflation Rate
2000$425,000,000.004.16%
2001$440,990,593.773.76%
2002$448,736,037.621.76%
2003$456,481,481.481.73%
2004$469,473,838.922.85%
2005$482,466,196.362.77%
2006$490,211,640.211.61%
2007$502,821,722.522.57%
2008$522,087,889.483.83%
2009$519,416,960.61-0.51%
2010$529,008,818.341.85%
2011$548,025,132.283.59%
2012$560,817,607.292.33%
2013$571,691,211.051.94%
2014$579,691,505.001.40%
2015$576,078,630.22-0.62%
2016$585,018,371.551.55%
2017$597,745,884.772.18%
2018$612,062,463.262.40%
2019$624,897,413.292.10%
2020$632,120,664.321.16%
2021$662,720,164.614.84%
2022$712,101,116.997.45%
2023$731,369,782.482.71%
2024$749,189,300.412.44%*

* 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 2000 * 2000 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 170.100 in the year 2000 and 299.852 in 2024:

299.852 / 170.100 * $425,000,000 = $749,189,300.41

Therefore, according to U.S. Bureau of Labor Statistics, $425,000,000 in 2000 has the same "purchasing power" as $749,189,300.41 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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