Minneapolis/St. Paul, Minnesota prices: $134,000,000 in 2005 $184,063,676.85 in 2021

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2005-2021 ($134,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 37.36% higher in 2021 versus 2005 (a $50,063,676.85 difference in value).

Between 2005 and 2021: Minneapolis/St. Paul experienced an average inflation rate of 2% per year. This rate of change indicates significant inflation. In other words, $134,000,000 in Minneapolis/St. Paul in the year 2005 would cost $184,063,676.85 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.07% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2005: Pricing changed by 2.77%, which is above the average yearly change in Minneapolis/St. Paul during the 2005-2021 time period. Compared to inflation for all items in 2005 (3.39%), 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 2005

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $134,000,000 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2005$134,000,000.002.77%
2006$136,151,216.991.61%
2007$139,653,537.032.57%
2008$145,004,515.793.83%
2009$144,262,692.91-0.51%
2010$146,926,732.261.85%
2011$152,208,316.933.59%
2012$155,761,294.672.33%
2013$158,781,325.741.94%
2014$161,003,324.701.40%
2015$159,999,886.07-0.62%
2016$162,482,806.841.55%
2017$166,017,742.102.18%
2018$169,994,023.822.40%
2019$173,558,798.552.10%
2020$175,564,981.871.16%
2021$184,063,676.854.84%*
* Not final. See inflation summary for latest details.

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 2005 * 2005 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 193.100 in the year 2005 and 265.244 in 2021:

265.244 / 193.100 * $134,000,000 = $184,063,676.85

Therefore, according to U.S. Bureau of Labor Statistics, $134,000,000 in 2005 has the same "purchasing power" as $184,063,676.85 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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