Minneapolis/St. Paul, Minnesota prices: $5,000,000,000,000,000 in 1995 $10,199,047,619,047,620 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2024 ($5,000,000,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 103.98% higher in 2024 versus 1995 (a $5,199,047,619,047,620 difference in value).

Between 1995 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.49% per year. This rate of change indicates significant inflation. In other words, $5,000,000,000,000,000 in Minneapolis/St. Paul in the year 1995 would cost $10,199,047,619,047,620 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% 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 1995-2024 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
College tuition and fees · Admission to sporting events · Juices and nonalcoholic drinks · Airline fares · More

Buying power of $5,000,000,000,000,000.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $5,000,000,000,000,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$5,000,000,000,000,000.002.37%
1996$5,166,666,666,666,667.003.33%
1997$5,285,714,285,714,286.002.30%
1998$5,384,353,741,496,599.001.87%
1999$5,554,421,768,707,483.003.16%
2000$5,785,714,285,714,286.004.16%
2001$6,003,401,360,544,218.003.76%
2002$6,108,843,537,414,966.001.76%
2003$6,214,285,714,285,713.001.73%
2004$6,391,156,462,585,034.002.85%
2005$6,568,027,210,884,355.002.77%
2006$6,673,469,387,755,100.001.61%
2007$6,845,136,054,421,768.002.57%
2008$7,107,414,965,986,395.003.83%
2009$7,071,054,421,768,707.00-0.51%
2010$7,201,632,653,061,224.001.85%
2011$7,460,510,204,081,635.003.59%
2012$7,634,659,863,945,577.002.33%
2013$7,782,687,074,829,932.001.94%
2014$7,891,598,639,455,782.001.40%
2015$7,842,414,965,986,395.00-0.62%
2016$7,964,115,646,258,502.001.55%
2017$8,137,380,952,380,952.002.18%
2018$8,332,278,911,564,623.002.40%
2019$8,507,006,802,721,088.002.10%
2020$8,605,340,136,054,422.001.16%
2021$9,021,904,761,904,764.004.84%
2022$9,694,149,659,863,946.007.45%
2023$9,956,462,585,034,016.002.71%
2024$10,199,047,619,047,620.002.44%*

* 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 1995 * 1995 USD value = 2024 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 299.852 in 2024:

299.852 / 147.000 * $5,000,000,000,000,000 = $10,199,047,619,047,620

Therefore, according to U.S. Bureau of Labor Statistics, $5,000,000,000,000,000 in 1995 has the same "purchasing power" as $10,199,047,619,047,620 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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