Minneapolis/St. Paul, Minnesota prices: $125,000,000 in 1995 $248,911,564.63 in 2023

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2023 ($125,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 99.13% higher in 2023 versus 1995 (a $123,911,564.63 difference in value).

Between 1995 and 2023: Minneapolis/St. Paul experienced an average inflation rate of 2.49% per year. This rate of change indicates significant inflation. In other words, $125,000,000 in Minneapolis/St. Paul in the year 1995 would cost $248,911,564.63 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1995: Pricing changed by 2.37%, which is below the average yearly change in Minneapolis/St. Paul during the 1995-2023 time period. Compared to inflation for all items in 1995 (2.81%), inflation in Minneapolis/St. Paul was lower.

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 $125,000,000.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $125,000,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$125,000,000.002.37%
1996$129,166,666.673.33%
1997$132,142,857.142.30%
1998$134,608,843.541.87%
1999$138,860,544.223.16%
2000$144,642,857.144.16%
2001$150,085,034.013.76%
2002$152,721,088.441.76%
2003$155,357,142.861.73%
2004$159,778,911.562.85%
2005$164,200,680.272.77%
2006$166,836,734.691.61%
2007$171,128,401.362.57%
2008$177,685,374.153.83%
2009$176,776,360.54-0.51%
2010$180,040,816.331.85%
2011$186,512,755.103.59%
2012$190,866,496.602.33%
2013$194,567,176.871.94%
2014$197,289,965.991.40%
2015$196,060,374.15-0.62%
2016$199,102,891.161.55%
2017$203,434,523.812.18%
2018$208,306,972.792.40%
2019$212,675,170.072.10%
2020$215,133,503.401.16%
2021$225,547,619.054.84%
2022$242,353,741.507.45%
2023$248,911,564.632.71%*

* 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 1995 * 1995 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 147.000 in the year 1995 and 292.720 in 2023:

292.720 / 147.000 * $125,000,000 = $248,911,564.63

Therefore, according to U.S. Bureau of Labor Statistics, $125,000,000 in 1995 has the same "purchasing power" as $248,911,564.63 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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