Minneapolis/St. Paul, Minnesota prices: $85,000,000 in 1985 $238,200,186.92 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($85,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $153,200,186.92 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, $85,000,000 in Minneapolis/St. Paul in the year 1985 would cost $238,200,186.92 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
Medical care · Frankfurters · Jewelry · Educational books and supplies · More

Buying power of $85,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $85,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$85,000,000.003.78%
1986$86,112,149.531.31%
1987$88,654,205.612.95%
1988$93,102,803.745.02%
1989$96,915,887.854.10%
1990$100,887,850.474.10%
1991$103,588,785.052.68%
1992$107,242,990.653.53%
1993$110,579,439.253.11%
1994$114,074,766.363.16%
1995$116,775,700.932.37%
1996$120,668,224.303.33%
1997$123,448,598.132.30%
1998$125,752,336.451.87%
1999$129,724,299.073.16%
2000$135,126,168.224.16%
2001$140,210,280.373.76%
2002$142,672,897.201.76%
2003$145,135,514.021.73%
2004$149,266,355.142.85%
2005$153,397,196.262.77%
2006$155,859,813.081.61%
2007$159,869,112.152.57%
2008$165,994,672.903.83%
2009$165,145,467.29-0.51%
2010$168,195,140.191.85%
2011$174,241,261.683.59%
2012$178,308,551.402.33%
2013$181,765,747.661.94%
2014$184,309,392.521.40%
2015$183,160,700.93-0.62%
2016$186,003,037.381.55%
2017$190,049,672.902.18%
2018$194,601,542.062.40%
2019$198,682,336.452.10%
2020$200,978,925.231.16%
2021$210,707,850.474.84%
2022$226,408,224.307.45%
2023$232,534,579.442.71%
2024$238,200,186.922.44%*

* 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 * $85,000,000 = $238,200,186.92

Therefore, according to U.S. Bureau of Labor Statistics, $85,000,000 in 1985 has the same "purchasing power" as $238,200,186.92 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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