According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 170.04% higher in 2023 versus 1986 (a $607,201,771.22 difference in value).
Between 1986 and 2023: Minneapolis/St. Paul experienced an average inflation rate of 2.72% per year. This rate of change indicates significant inflation. In other words, $357,100,000 in Minneapolis/St. Paul in the year 1986 would cost $964,301,771.22 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.80% during this same period, inflation in Minneapolis/St. Paul was lower.
In the year 1986: Pricing changed by 1.31%, which is below the average yearly change in Minneapolis/St. Paul during the 1986-2023 time period. Compared to inflation for all items in 1986 (1.90%), inflation in Minneapolis/St. Paul was lower.
Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $357,100,000 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1986 | $357,100,000.00 | 1.31% |
1987 | $367,641,697.42 | 2.95% |
1988 | $386,089,667.90 | 5.02% |
1989 | $401,902,214.02 | 4.10% |
1990 | $418,373,616.24 | 4.10% |
1991 | $429,574,169.74 | 2.68% |
1992 | $444,727,859.78 | 3.53% |
1993 | $458,563,837.64 | 3.11% |
1994 | $473,058,671.59 | 3.16% |
1995 | $484,259,225.09 | 2.37% |
1996 | $500,401,199.26 | 3.33% |
1997 | $511,931,180.81 | 2.30% |
1998 | $521,484,594.10 | 1.87% |
1999 | $537,955,996.31 | 3.16% |
2000 | $560,357,103.32 | 4.16% |
2001 | $581,440,498.15 | 3.76% |
2002 | $591,652,767.53 | 1.76% |
2003 | $601,865,036.90 | 1.73% |
2004 | $618,995,295.20 | 2.85% |
2005 | $636,125,553.51 | 2.77% |
2006 | $646,337,822.88 | 1.61% |
2007 | $662,964,056.27 | 2.57% |
2008 | $688,366,252.77 | 3.83% |
2009 | $684,844,666.97 | -0.51% |
2010 | $697,491,409.59 | 1.85% |
2011 | $722,564,178.04 | 3.59% |
2012 | $739,430,893.91 | 2.33% |
2013 | $753,767,602.40 | 1.94% |
2014 | $764,315,888.38 | 1.40% |
2015 | $759,552,358.86 | -0.62% |
2016 | $771,339,294.28 | 1.55% |
2017 | $788,120,358.86 | 2.18% |
2018 | $806,996,585.79 | 2.40% |
2019 | $823,919,304.43 | 2.10% |
2020 | $833,443,069.19 | 1.16% |
2021 | $873,788,121.77 | 4.84% |
2022 | $938,896,280.44 | 7.45% |
2023 | $964,301,771.22 | 2.71%* |
* 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:
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 |
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 |