Minneapolis/St. Paul, Minnesota prices: $41,400,000,000,000 in 1990 $97,747,029,921,259.84 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($41,400,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $56,347,029,921,259.83 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, $41,400,000,000,000 in Minneapolis/St. Paul in the year 1990 would cost $97,747,029,921,259.84 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 $41,400,000,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $41,400,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$41,400,000,000,000.004.10%
1991$42,508,346,456,692.922.68%
1992$44,007,874,015,748.033.53%
1993$45,377,007,874,015.753.11%
1994$46,811,338,582,677.163.16%
1995$47,919,685,039,370.082.37%
1996$49,517,007,874,015.753.33%
1997$50,657,952,755,905.522.30%
1998$51,603,307,086,614.171.87%
1999$53,233,228,346,456.703.16%
2000$55,449,921,259,842.524.16%
2001$57,536,220,472,440.943.76%
2002$58,546,771,653,543.301.76%
2003$59,557,322,834,645.661.73%
2004$61,252,440,944,881.892.85%
2005$62,947,559,055,118.112.77%
2006$63,958,110,236,220.451.61%
2007$65,603,352,755,905.512.57%
2008$68,117,017,322,834.653.83%
2009$67,768,540,157,480.31-0.51%
2010$69,019,993,700,787.391.85%
2011$71,501,059,842,519.703.59%
2012$73,170,099,212,598.412.33%
2013$74,588,782,677,165.361.94%
2014$75,632,584,251,968.501.40%
2015$75,161,211,023,622.05-0.62%
2016$76,327,582,677,165.361.55%
2017$77,988,146,456,692.912.18%
2018$79,856,036,220,472.422.40%
2019$81,530,617,322,834.642.10%
2020$82,473,037,795,275.591.16%
2021$86,465,366,929,133.884.84%
2022$92,908,119,685,039.387.45%
2023$95,422,110,236,220.482.71%
2024$97,747,029,921,259.842.44%*

* 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 * $41,400,000,000,000 = $97,747,029,921,259.84

Therefore, according to U.S. Bureau of Labor Statistics, $41,400,000,000,000 in 1990 has the same "purchasing power" as $97,747,029,921,259.84 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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