Minneapolis/St. Paul, Minnesota prices: $52,000,000,000 in 1995 $106,070,095,238.10 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1995-2024 ($52,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 103.98% higher in 2024 versus 1995 (a $54,070,095,238.10 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, $52,000,000,000 in Minneapolis/St. Paul in the year 1995 would cost $106,070,095,238.10 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
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Buying power of $52,000,000,000.00 since 1995

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $52,000,000,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$52,000,000,000.002.37%
1996$53,733,333,333.333.33%
1997$54,971,428,571.432.30%
1998$55,997,278,911.561.87%
1999$57,765,986,394.563.16%
2000$60,171,428,571.434.16%
2001$62,435,374,149.663.76%
2002$63,531,972,789.121.76%
2003$64,628,571,428.571.73%
2004$66,468,027,210.882.85%
2005$68,307,482,993.202.77%
2006$69,404,081,632.651.61%
2007$71,189,414,965.992.57%
2008$73,917,115,646.263.83%
2009$73,538,965,986.39-0.51%
2010$74,896,979,591.841.85%
2011$77,589,306,122.453.59%
2012$79,400,462,585.032.33%
2013$80,939,945,578.231.94%
2014$82,072,625,850.341.40%
2015$81,561,115,646.26-0.62%
2016$82,826,802,721.091.55%
2017$84,628,761,904.762.18%
2018$86,655,700,680.272.40%
2019$88,472,870,748.302.10%
2020$89,495,537,414.971.16%
2021$93,827,809,523.814.84%
2022$100,819,156,462.597.45%
2023$103,547,210,884.352.71%
2024$106,070,095,238.102.44%*

* 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 * $52,000,000,000 = $106,070,095,238.10

Therefore, according to U.S. Bureau of Labor Statistics, $52,000,000,000 in 1995 has the same "purchasing power" as $106,070,095,238.10 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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