Minneapolis/St. Paul, Minnesota prices: $341,000,000,000 in 1990 $805,114,425,196.85 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($341,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $464,114,425,196.85 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, $341,000,000,000 in Minneapolis/St. Paul in the year 1990 would cost $805,114,425,196.85 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 $341,000,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $341,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$341,000,000,000.004.10%
1991$350,129,133,858.272.68%
1992$362,480,314,960.633.53%
1993$373,757,480,314.963.11%
1994$385,571,653,543.313.16%
1995$394,700,787,401.572.37%
1996$407,857,480,314.963.33%
1997$417,255,118,110.242.30%
1998$425,041,732,283.461.87%
1999$438,466,929,133.863.16%
2000$456,725,196,850.394.16%
2001$473,909,448,818.903.76%
2002$482,233,070,866.141.76%
2003$490,556,692,913.391.73%
2004$504,518,897,637.802.85%
2005$518,481,102,362.202.77%
2006$526,804,724,409.451.61%
2007$540,356,118,110.242.57%
2008$561,060,456,692.913.83%
2009$558,190,149,606.30-0.51%
2010$568,498,015,748.031.85%
2011$588,933,850,393.703.59%
2012$602,681,251,968.502.33%
2013$614,366,543,307.091.94%
2014$622,964,039,370.081.40%
2015$619,081,472,440.94-0.62%
2016$628,688,543,307.091.55%
2017$642,366,133,858.272.18%
2018$657,751,409,448.822.40%
2019$671,544,456,692.912.10%
2020$679,306,905,511.811.16%
2021$712,190,582,677.174.84%
2022$765,257,700,787.407.45%
2023$785,964,724,409.452.71%
2024$805,114,425,196.852.44%*

* 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 * $341,000,000,000 = $805,114,425,196.85

Therefore, according to U.S. Bureau of Labor Statistics, $341,000,000,000 in 1990 has the same "purchasing power" as $805,114,425,196.85 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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