Minneapolis/St. Paul, Minnesota prices: $104,000,000,000 in 1990 $239,707,716,535.43 in 2023

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2023 ($104,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 130.49% higher in 2023 versus 1990 (a $135,707,716,535.43 difference in value).

Between 1990 and 2023: Minneapolis/St. Paul experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, $104,000,000,000 in Minneapolis/St. Paul in the year 1990 would cost $239,707,716,535.43 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.60% 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 1990-2023 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 $104,000,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $104,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$104,000,000,000.004.10%
1991$106,784,251,968.502.68%
1992$110,551,181,102.363.53%
1993$113,990,551,181.103.11%
1994$117,593,700,787.403.16%
1995$120,377,952,755.912.37%
1996$124,390,551,181.103.33%
1997$127,256,692,913.392.30%
1998$129,631,496,062.991.87%
1999$133,725,984,251.973.16%
2000$139,294,488,188.984.16%
2001$144,535,433,070.873.76%
2002$147,074,015,748.031.76%
2003$149,612,598,425.201.73%
2004$153,870,866,141.732.85%
2005$158,129,133,858.272.77%
2006$160,667,716,535.431.61%
2007$164,800,692,913.392.57%
2008$171,115,212,598.433.83%
2009$170,239,811,023.62-0.51%
2010$173,383,559,055.121.85%
2011$179,616,188,976.383.59%
2012$183,808,944,881.892.33%
2013$187,372,787,401.571.94%
2014$189,994,897,637.801.40%
2015$188,810,771,653.54-0.62%
2016$191,740,787,401.571.55%
2017$195,912,251,968.502.18%
2018$200,604,535,433.072.40%
2019$204,811,212,598.432.10%
2020$207,178,645,669.291.16%
2021$217,207,685,039.374.84%
2022$233,392,377,952.767.45%
2023$239,707,716,535.432.71%*

* 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:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1990 * 1990 USD value = 2023 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 292.720 in 2023:

292.720 / 127.000 * $104,000,000,000 = $239,707,716,535.43

Therefore, according to U.S. Bureau of Labor Statistics, $104,000,000,000 in 1990 has the same "purchasing power" as $239,707,716,535.43 in 2023 (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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