Minneapolis/St. Paul, Minnesota prices: $19,408,134 in 1990 $45,823,368.47 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($19,408,134)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $26,415,234.47 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, $19,408,134 in Minneapolis/St. Paul in the year 1990 would cost $45,823,368.47 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
Bread · Juices and nonalcoholic drinks · Electricity · Chicago, Illinois · More

Buying power of $19,408,134.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $19,408,134 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$19,408,134.004.10%
1991$19,927,721.842.68%
1992$20,630,693.623.53%
1993$21,272,537.423.11%
1994$21,944,945.223.16%
1995$22,464,533.062.37%
1996$23,213,350.823.33%
1997$23,748,220.662.30%
1998$24,191,398.521.87%
1999$24,955,498.293.16%
2000$25,994,673.964.16%
2001$26,972,721.663.76%
2002$27,446,463.511.76%
2003$27,920,205.371.73%
2004$28,714,869.122.85%
2005$29,509,532.882.77%
2006$29,983,274.731.61%
2007$30,754,557.032.57%
2008$31,932,951.693.83%
2009$31,769,587.16-0.51%
2010$32,356,262.961.85%
2011$33,519,375.623.59%
2012$34,301,813.782.33%
2013$34,966,886.211.94%
2014$35,456,215.701.40%
2015$35,235,238.05-0.62%
2016$35,782,027.841.55%
2017$36,560,492.682.18%
2018$37,436,151.012.40%
2019$38,221,187.102.10%
2020$38,662,989.591.16%
2021$40,534,575.554.84%
2022$43,554,909.107.45%
2023$44,733,456.572.71%
2024$45,823,368.472.44%*

* 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 * $19,408,134 = $45,823,368.47

Therefore, according to U.S. Bureau of Labor Statistics, $19,408,134 in 1990 has the same "purchasing power" as $45,823,368.47 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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