Minneapolis/St. Paul, Minnesota prices: $90,000 in 1987 $241,816.13 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1987-2024 ($90,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 168.68% higher in 2024 versus 1987 (a $151,816.13 difference in value).

Between 1987 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.71% per year. This rate of change indicates significant inflation. In other words, $90,000 in Minneapolis/St. Paul in the year 1987 would cost $241,816.13 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1987: Pricing changed by 2.95%, which is above the average yearly change in Minneapolis/St. Paul during the 1987-2024 time period. Compared to inflation for all items in 1987 (3.66%), 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
Airline fares · Gasoline (all types) · Philadelphia, Pennsylvania · New cars · More

Buying power of $90,000.00 since 1987

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $90,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$90,000.002.95%
1988$94,516.135.02%
1989$98,387.104.10%
1990$102,419.354.10%
1991$105,161.292.68%
1992$108,870.973.53%
1993$112,258.063.11%
1994$115,806.453.16%
1995$118,548.392.37%
1996$122,500.003.33%
1997$125,322.582.30%
1998$127,661.291.87%
1999$131,693.553.16%
2000$137,177.424.16%
2001$142,338.713.76%
2002$144,838.711.76%
2003$147,338.711.73%
2004$151,532.262.85%
2005$155,725.812.77%
2006$158,225.811.61%
2007$162,295.972.57%
2008$168,514.523.83%
2009$167,652.42-0.51%
2010$170,748.391.85%
2011$176,886.293.59%
2012$181,015.322.33%
2013$184,525.001.94%
2014$187,107.261.40%
2015$185,941.13-0.62%
2016$188,826.611.55%
2017$192,934.682.18%
2018$197,555.652.40%
2019$201,698.392.10%
2020$204,029.841.16%
2021$213,906.454.84%
2022$229,845.167.45%
2023$236,064.522.71%
2024$241,816.132.44%*

* 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 1987 * 1987 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 111.600 in the year 1987 and 299.852 in 2024:

299.852 / 111.600 * $90,000 = $241,816.13

Therefore, according to U.S. Bureau of Labor Statistics, $90,000 in 1987 has the same "purchasing power" as $241,816.13 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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