Minneapolis/St. Paul, Minnesota prices: $103,500,000 in 1990 $238,555,275.59 in 2023

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2023 ($103,500,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 130.49% higher in 2023 versus 1990 (a $135,055,275.59 difference in value).

Between 1990 and 2023: Minneapolis/St. Paul experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, $103,500,000 in Minneapolis/St. Paul in the year 1990 would cost $238,555,275.59 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.60% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1990: Pricing changed by 4.10%, which is above the average yearly change in Minneapolis/St. Paul during the 1990-2023 time period. Compared to inflation for all items in 1990 (5.40%), 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 $103,500,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $103,500,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$103,500,000.004.10%
1991$106,270,866.142.68%
1992$110,019,685.043.53%
1993$113,442,519.693.11%
1994$117,028,346.463.16%
1995$119,799,212.602.37%
1996$123,792,519.693.33%
1997$126,644,881.892.30%
1998$129,008,267.721.87%
1999$133,083,070.873.16%
2000$138,624,803.154.16%
2001$143,840,551.183.76%
2002$146,366,929.131.76%
2003$148,893,307.091.73%
2004$153,131,102.362.85%
2005$157,368,897.642.77%
2006$159,895,275.591.61%
2007$164,008,381.892.57%
2008$170,292,543.313.83%
2009$169,421,350.39-0.51%
2010$172,549,984.251.85%
2011$178,752,649.613.59%
2012$182,925,248.032.33%
2013$186,471,956.691.94%
2014$189,081,460.631.40%
2015$187,903,027.56-0.62%
2016$190,818,956.691.55%
2017$194,970,366.142.18%
2018$199,640,090.552.40%
2019$203,826,543.312.10%
2020$206,182,594.491.16%
2021$216,163,417.324.84%
2022$232,270,299.217.45%
2023$238,555,275.592.71%*

* 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 1990 * 1990 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 127.000 in the year 1990 and 292.720 in 2023:

292.720 / 127.000 * $103,500,000 = $238,555,275.59

Therefore, according to U.S. Bureau of Labor Statistics, $103,500,000 in 1990 has the same "purchasing power" as $238,555,275.59 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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