Minneapolis/St. Paul, Minnesota prices: $258,682,187,409 in 1990 $610,758,828,810.74 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($258,682,187,409)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $352,076,641,401.74 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, $258,682,187,409 in Minneapolis/St. Paul in the year 1990 would cost $610,758,828,810.74 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
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Buying power of $258,682,187,409.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $258,682,187,409 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$258,682,187,409.004.10%
1991$265,607,537,308.142.68%
1992$274,977,128,348.153.53%
1993$283,531,972,341.203.11%
1994$292,494,189,857.743.16%
1995$299,419,539,756.872.37%
1996$309,400,191,082.103.33%
1997$316,529,227,742.982.30%
1998$322,436,143,833.421.87%
1999$332,620,481,920.393.16%
2000$346,471,181,718.674.16%
2001$359,507,134,469.993.76%
2002$365,821,424,083.911.76%
2003$372,135,713,697.831.73%
2004$382,727,425,308.282.85%
2005$393,319,136,918.722.77%
2006$399,633,426,532.641.61%
2007$409,913,497,397.632.57%
2008$425,619,783,595.353.83%
2009$423,442,372,112.36-0.51%
2010$431,261,906,895.531.85%
2011$446,764,506,331.523.59%
2012$457,193,268,532.572.33%
2013$466,057,716,403.471.94%
2014$472,579,766,514.361.40%
2015$469,634,455,939.61-0.62%
2016$476,922,368,274.651.55%
2017$487,298,171,917.652.18%
2018$498,969,423,365.322.40%
2019$509,432,812,315.872.10%
2020$515,321,396,597.751.16%
2021$540,266,914,307.974.84%
2022$580,523,565,898.147.45%
2023$596,231,888,963.482.71%
2024$610,758,828,810.742.44%*

* 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 * $258,682,187,409 = $610,758,828,810.74

Therefore, according to U.S. Bureau of Labor Statistics, $258,682,187,409 in 1990 has the same "purchasing power" as $610,758,828,810.74 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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