Minneapolis/St. Paul, Minnesota prices: $127,000,000 in 1990 $299,852,000 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($127,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $172,852,000 difference in value).

Between 1990 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, $127,000,000 in Minneapolis/St. Paul in the year 1990 would cost $299,852,000 in 2024 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 1990: Pricing changed by 4.10%, which is above the average yearly change in Minneapolis/St. Paul during the 1990-2024 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
Wine at home · Gasoline (all types) · Admission to sporting events · Chicago, Illinois · More

Buying power of $127,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $127,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$127,000,000.004.10%
1991$130,400,000.002.68%
1992$135,000,000.003.53%
1993$139,200,000.003.11%
1994$143,600,000.003.16%
1995$147,000,000.002.37%
1996$151,900,000.003.33%
1997$155,400,000.002.30%
1998$158,300,000.001.87%
1999$163,300,000.003.16%
2000$170,100,000.004.16%
2001$176,500,000.003.76%
2002$179,600,000.001.76%
2003$182,700,000.001.73%
2004$187,900,000.002.85%
2005$193,100,000.002.77%
2006$196,200,000.001.61%
2007$201,247,000.002.57%
2008$208,958,000.003.83%
2009$207,889,000.00-0.51%
2010$211,728,000.001.85%
2011$219,339,000.003.59%
2012$224,459,000.002.33%
2013$228,811,000.001.94%
2014$232,013,000.001.40%
2015$230,567,000.00-0.62%
2016$234,145,000.001.55%
2017$239,239,000.002.18%
2018$244,969,000.002.40%
2019$250,106,000.002.10%
2020$252,997,000.001.16%
2021$265,244,000.004.84%
2022$285,008,000.007.45%
2023$292,720,000.002.71%
2024$299,852,000.002.44%*

* 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 1990 * 1990 USD value = 2024 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 299.852 in 2024:

299.852 / 127.000 * $127,000,000 = $299,852,000

Therefore, according to U.S. Bureau of Labor Statistics, $127,000,000 in 1990 has the same "purchasing power" as $299,852,000 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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