Minneapolis/St. Paul, Minnesota prices: $425,000,000,000 in 1990 $1,003,441,732,283.46 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($425,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $578,441,732,283.46 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, $425,000,000,000 in Minneapolis/St. Paul in the year 1990 would cost $1,003,441,732,283.46 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 $425,000,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $425,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$425,000,000,000.004.10%
1991$436,377,952,755.912.68%
1992$451,771,653,543.313.53%
1993$465,826,771,653.543.11%
1994$480,551,181,102.363.16%
1995$491,929,133,858.272.37%
1996$508,326,771,653.543.33%
1997$520,039,370,078.742.30%
1998$529,744,094,488.191.87%
1999$546,476,377,952.763.16%
2000$569,232,283,464.574.16%
2001$590,649,606,299.213.76%
2002$601,023,622,047.241.76%
2003$611,397,637,795.281.73%
2004$628,799,212,598.432.85%
2005$646,200,787,401.572.77%
2006$656,574,803,149.611.61%
2007$673,464,370,078.742.57%
2008$699,268,897,637.803.83%
2009$695,691,535,433.07-0.51%
2010$708,538,582,677.171.85%
2011$734,008,464,566.933.59%
2012$751,142,322,834.652.33%
2013$765,706,102,362.201.94%
2014$776,421,456,692.911.40%
2015$771,582,480,314.96-0.62%
2016$783,556,102,362.201.55%
2017$800,602,952,755.912.18%
2018$819,778,149,606.302.40%
2019$836,968,897,637.802.10%
2020$846,643,503,937.011.16%
2021$887,627,559,055.124.84%
2022$953,766,929,133.867.45%
2023$979,574,803,149.612.71%
2024$1,003,441,732,283.462.44%*

* 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 * $425,000,000,000 = $1,003,441,732,283.46

Therefore, according to U.S. Bureau of Labor Statistics, $425,000,000,000 in 1990 has the same "purchasing power" as $1,003,441,732,283.46 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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