Minneapolis/St. Paul, Minnesota prices: $134,000,000 in 1995 $241,787,047.62 in 2021

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2021 ($134,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 80.44% higher in 2021 versus 1995 (a $107,787,047.62 difference in value).

Between 1995 and 2021: Minneapolis/St. Paul experienced an average inflation rate of 2.30% per year. This rate of change indicates significant inflation. In other words, $134,000,000 in Minneapolis/St. Paul in the year 1995 would cost $241,787,047.62 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.24% during this same period, inflation in Minneapolis/St. Paul was higher.

In the year 1995: Pricing changed by 2.37%, which is above the average yearly change in Minneapolis/St. Paul during the 1995-2021 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: 1988 (5.02%), 2021 (4.84%), and 2000 (4.16%).

View price changes for other categories
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Buying power of $134,000,000.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $134,000,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$134,000,000.002.37%
1996$138,466,666.673.33%
1997$141,657,142.862.30%
1998$144,300,680.271.87%
1999$148,858,503.403.16%
2000$155,057,142.864.16%
2001$160,891,156.463.76%
2002$163,717,006.801.76%
2003$166,542,857.141.73%
2004$171,282,993.202.85%
2005$176,023,129.252.77%
2006$178,848,979.591.61%
2007$183,449,646.262.57%
2008$190,478,721.093.83%
2009$189,504,258.50-0.51%
2010$193,003,755.101.85%
2011$199,941,673.473.59%
2012$204,608,884.352.33%
2013$208,576,013.611.94%
2014$211,494,843.541.40%
2015$210,176,721.09-0.62%
2016$213,438,299.321.55%
2017$218,081,809.522.18%
2018$223,305,074.832.40%
2019$227,987,782.312.10%
2020$230,623,115.651.16%
2021$241,787,047.624.84%*

* 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:

Year19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2021 / CPI in 1995 * 1995 USD value = 2021 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 265.244 in 2021:

265.244 / 147.000 * $134,000,000 = $241,787,047.62

Therefore, according to U.S. Bureau of Labor Statistics, $134,000,000 in 1995 has the same "purchasing power" as $241,787,047.62 in 2021 (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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