Minneapolis/St. Paul, Minnesota prices: $154,000 in 1985 $431,562.69 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2024 ($154,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 180.24% higher in 2024 versus 1985 (a $277,562.69 difference in value).

Between 1985 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.68% per year. This rate of change indicates significant inflation. In other words, $154,000 in Minneapolis/St. Paul in the year 1985 would cost $431,562.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1985: Pricing changed by 3.78%, which is above the average yearly change in Minneapolis/St. Paul during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), 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
19851990199520002005201020152020-11357
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 $154,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $154,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$154,000.003.78%
1986$156,014.951.31%
1987$160,620.562.95%
1988$168,680.375.02%
1989$175,588.794.10%
1990$182,785.054.10%
1991$187,678.502.68%
1992$194,299.073.53%
1993$200,343.933.11%
1994$206,676.643.16%
1995$211,570.092.37%
1996$218,622.433.33%
1997$223,659.812.30%
1998$227,833.641.87%
1999$235,029.913.16%
2000$244,816.824.16%
2001$254,028.043.76%
2002$258,489.721.76%
2003$262,951.401.73%
2004$270,435.512.85%
2005$277,919.632.77%
2006$282,381.311.61%
2007$289,645.212.57%
2008$300,743.293.83%
2009$299,204.73-0.51%
2010$304,730.021.85%
2011$315,684.173.59%
2012$323,053.142.33%
2013$329,316.771.94%
2014$333,925.251.40%
2015$331,844.09-0.62%
2016$336,993.741.55%
2017$344,325.292.18%
2018$352,572.212.40%
2019$359,965.642.10%
2020$364,126.521.16%
2021$381,753.054.84%
2022$410,198.437.45%
2023$421,297.942.71%
2024$431,562.692.44%*

* 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 1985 * 1985 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 107.000 in the year 1985 and 299.852 in 2024:

299.852 / 107.000 * $154,000 = $431,562.69

Therefore, according to U.S. Bureau of Labor Statistics, $154,000 in 1985 has the same "purchasing power" as $431,562.69 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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