Minneapolis/St. Paul, Minnesota prices: $74,000,000,000 in 1990 $174,716,913,385.83 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($74,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $100,716,913,385.83 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, $74,000,000,000 in Minneapolis/St. Paul in the year 1990 would cost $174,716,913,385.83 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
19851990199520002005201020152020-11357
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 $74,000,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $74,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$74,000,000,000.004.10%
1991$75,981,102,362.202.68%
1992$78,661,417,322.833.53%
1993$81,108,661,417.323.11%
1994$83,672,440,944.883.16%
1995$85,653,543,307.092.37%
1996$88,508,661,417.323.33%
1997$90,548,031,496.062.30%
1998$92,237,795,275.591.87%
1999$95,151,181,102.363.16%
2000$99,113,385,826.774.16%
2001$102,842,519,685.043.76%
2002$104,648,818,897.641.76%
2003$106,455,118,110.241.73%
2004$109,485,039,370.082.85%
2005$112,514,960,629.922.77%
2006$114,321,259,842.521.61%
2007$117,262,031,496.062.57%
2008$121,755,055,118.113.83%
2009$121,132,173,228.35-0.51%
2010$123,369,070,866.141.85%
2011$127,803,826,771.653.59%
2012$130,787,133,858.272.33%
2013$133,322,944,881.891.94%
2014$135,188,677,165.351.40%
2015$134,346,125,984.25-0.62%
2016$136,430,944,881.891.55%
2017$139,399,102,362.202.18%
2018$142,737,842,519.692.40%
2019$145,731,055,118.112.10%
2020$147,415,574,803.151.16%
2021$154,551,622,047.244.84%
2022$166,067,653,543.317.45%
2023$170,561,259,842.522.71%
2024$174,716,913,385.832.44%*

* 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 * $74,000,000,000 = $174,716,913,385.83

Therefore, according to U.S. Bureau of Labor Statistics, $74,000,000,000 in 1990 has the same "purchasing power" as $174,716,913,385.83 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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