Minneapolis/St. Paul, Minnesota prices: $139,765 in 1985 $391,671.17 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($139,765)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $251,906.17 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, $139,765 in Minneapolis/St. Paul in the year 1985 would cost $391,671.17 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 $139,765.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $139,765 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$139,765.003.78%
1986$141,593.701.31%
1987$145,773.592.95%
1988$153,088.395.02%
1989$159,358.224.10%
1990$165,889.304.10%
1991$170,330.432.68%
1992$176,339.023.53%
1993$181,825.123.11%
1994$187,572.473.16%
1995$192,013.602.37%
1996$198,414.053.33%
1997$202,985.802.30%
1998$206,773.831.87%
1999$213,304.903.16%
2000$222,187.164.16%
2001$230,546.943.76%
2002$234,596.211.76%
2003$238,645.471.73%
2004$245,437.792.85%
2005$252,230.112.77%
2006$256,279.371.61%
2007$262,871.842.57%
2008$272,944.063.83%
2009$271,547.72-0.51%
2010$276,562.281.85%
2011$286,503.883.59%
2012$293,191.702.33%
2013$298,876.351.94%
2014$303,058.851.40%
2015$301,170.06-0.62%
2016$305,843.701.55%
2017$312,497.562.18%
2018$319,982.172.40%
2019$326,692.202.10%
2020$330,468.461.16%
2021$346,465.684.84%
2022$372,281.717.45%
2023$382,355.242.71%
2024$391,671.172.44%*

* 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 * $139,765 = $391,671.17

Therefore, according to U.S. Bureau of Labor Statistics, $139,765 in 1985 has the same "purchasing power" as $391,671.17 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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