Minneapolis/St. Paul, Minnesota prices: $91,000,000 in 1985 $248,948,785.05 in 2023

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2023 ($91,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 173.57% higher in 2023 versus 1985 (a $157,948,785.05 difference in value).

Between 1985 and 2023: Minneapolis/St. Paul experienced an average inflation rate of 2.68% per year. This rate of change indicates significant inflation. In other words, $91,000,000 in Minneapolis/St. Paul in the year 1985 would cost $248,948,785.05 in 2023 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 1985-2023 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 $91,000,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $91,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$91,000,000.003.78%
1986$92,190,654.211.31%
1987$94,912,149.532.95%
1988$99,674,766.365.02%
1989$103,757,009.354.10%
1990$108,009,345.794.10%
1991$110,900,934.582.68%
1992$114,813,084.113.53%
1993$118,385,046.733.11%
1994$122,127,102.803.16%
1995$125,018,691.592.37%
1996$129,185,981.313.33%
1997$132,162,616.822.30%
1998$134,628,971.961.87%
1999$138,881,308.413.16%
2000$144,664,485.984.16%
2001$150,107,476.643.76%
2002$152,743,925.231.76%
2003$155,380,373.831.73%
2004$159,802,803.742.85%
2005$164,225,233.642.77%
2006$166,861,682.241.61%
2007$171,153,990.652.57%
2008$177,711,943.933.83%
2009$176,802,794.39-0.51%
2010$180,067,738.321.85%
2011$186,540,644.863.59%
2012$190,895,037.382.33%
2013$194,596,271.031.94%
2014$197,319,467.291.40%
2015$196,089,691.59-0.62%
2016$199,132,663.551.55%
2017$203,464,943.932.18%
2018$208,338,121.502.40%
2019$212,706,971.962.10%
2020$215,165,672.901.16%
2021$225,581,345.794.84%
2022$242,389,981.317.45%
2023$248,948,785.052.71%*

* 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:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1985 * 1985 USD value = 2023 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 292.720 in 2023:

292.720 / 107.000 * $91,000,000 = $248,948,785.05

Therefore, according to U.S. Bureau of Labor Statistics, $91,000,000 in 1985 has the same "purchasing power" as $248,948,785.05 in 2023 (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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