Minneapolis/St. Paul, Minnesota prices: $1,650 in 1990 $3,446.08 in 2021

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2021 ($1,650)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 108.85% higher in 2021 versus 1990 (a $1,796.08 difference in value).

Between 1990 and 2021: Minneapolis/St. Paul experienced an average inflation rate of 2.40% per year. This rate of change indicates significant inflation. In other words, $1,650 in Minneapolis/St. Paul in the year 1990 would cost $3,446.08 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.38% during this same period, inflation in Minneapolis/St. Paul was higher.

In the year 1990: Pricing changed by 4.10%, which is above the average yearly change in Minneapolis/St. Paul during the 1990-2021 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: 1988 (5.02%), 2021 (4.84%), and 2000 (4.16%).

View price changes for other categories
Wireless telephone services · Film and photographic supplies · Parking fees and tolls · Gasoline (all types) · More

Buying power of $1,650.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,650 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$1,650.004.10%
1991$1,694.172.68%
1992$1,753.943.53%
1993$1,808.503.11%
1994$1,865.673.16%
1995$1,909.842.37%
1996$1,973.503.33%
1997$2,018.982.30%
1998$2,056.651.87%
1999$2,121.613.16%
2000$2,209.964.16%
2001$2,293.113.76%
2002$2,333.391.76%
2003$2,373.661.73%
2004$2,441.222.85%
2005$2,508.782.77%
2006$2,549.061.61%
2007$2,614.632.57%
2008$2,714.813.83%
2009$2,700.92-0.51%
2010$2,750.801.85%
2011$2,849.683.59%
2012$2,916.202.33%
2013$2,972.741.94%
2014$3,014.341.40%
2015$2,995.56-0.62%
2016$3,042.041.55%
2017$3,108.222.18%
2018$3,182.672.40%
2019$3,249.412.10%
2020$3,286.971.16%
2021$3,446.084.84%*

* 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:

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 1990 * 1990 USD value = 2021 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 265.244 in 2021:

265.244 / 127.000 * $1,650 = $3,446.08

Therefore, according to U.S. Bureau of Labor Statistics, $1,650 in 1990 has the same "purchasing power" as $3,446.08 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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