Minneapolis/St. Paul, Minnesota prices: $134,000,000 in 2010 $185,258,822.64 in 2023

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 2010-2023 ($134,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 38.25% higher in 2023 versus 2010 (a $51,258,822.64 difference in value).

Between 2010 and 2023: Minneapolis/St. Paul experienced an average inflation rate of 2.52% per year. This rate of change indicates significant inflation. In other words, $134,000,000 in Minneapolis/St. Paul in the year 2010 would cost $185,258,822.64 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.61% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 2010: Pricing changed by 1.85%, which is below the average yearly change in Minneapolis/St. Paul during the 2010-2023 time period. Compared to inflation for all items in 2010 (1.64%), inflation in Minneapolis/St. Paul was higher.

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 $134,000,000.00 since 2010

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $134,000,000 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2010$134,000,000.001.85%
2011$138,816,906.603.59%
2012$142,057,290.492.33%
2013$144,811,616.791.94%
2014$146,838,122.501.40%
2015$145,922,967.20-0.62%
2016$148,187,438.601.55%
2017$151,411,367.412.18%
2018$155,037,812.672.40%
2019$158,288,955.642.10%
2020$160,118,633.341.16%
2021$167,869,606.294.84%
2022$180,377,994.417.45%
2023$185,258,822.642.71%*

* 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 2010 * 2010 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 211.728 in the year 2010 and 292.720 in 2023:

292.720 / 211.728 * $134,000,000 = $185,258,822.64

Therefore, according to U.S. Bureau of Labor Statistics, $134,000,000 in 2010 has the same "purchasing power" as $185,258,822.64 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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