Minneapolis/St. Paul, Minnesota prices: $44,196,684 in 1990 $104,350,110.95 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($44,196,684)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $60,153,426.95 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, $44,196,684 in Minneapolis/St. Paul in the year 1990 would cost $104,350,110.95 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 $44,196,684.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $44,196,684 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$44,196,684.004.10%
1991$45,379,902.312.68%
1992$46,980,727.093.53%
1993$48,442,349.713.11%
1994$49,973,573.403.16%
1995$51,156,791.722.37%
1996$52,862,018.113.33%
1997$54,080,036.962.30%
1998$55,089,252.581.87%
1999$56,829,279.513.16%
2000$59,195,716.134.16%
2001$61,422,950.603.76%
2002$62,501,767.291.76%
2003$63,580,583.991.73%
2004$65,390,212.002.85%
2005$67,199,840.002.77%
2006$68,278,656.701.61%
2007$70,035,039.882.57%
2008$72,718,509.413.83%
2009$72,346,491.65-0.51%
2010$73,682,484.331.85%
2011$76,331,153.323.59%
2012$78,112,940.902.33%
2013$79,627,460.341.94%
2014$80,741,773.581.40%
2015$80,238,557.79-0.62%
2016$81,483,721.061.55%
2017$83,256,460.502.18%
2018$85,250,531.362.40%
2019$87,038,235.032.10%
2020$88,044,318.601.16%
2021$92,306,340.564.84%
2022$99,184,319.007.45%
2023$101,868,136.542.71%
2024$104,350,110.952.44%*

* 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 * $44,196,684 = $104,350,110.95

Therefore, according to U.S. Bureau of Labor Statistics, $44,196,684 in 1990 has the same "purchasing power" as $104,350,110.95 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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