Minneapolis/St. Paul, Minnesota prices: $11,100 in 1990 $26,207.54 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($11,100)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $15,107.54 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, $11,100 in Minneapolis/St. Paul in the year 1990 would cost $26,207.54 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 $11,100.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $11,100 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$11,100.004.10%
1991$11,397.172.68%
1992$11,799.213.53%
1993$12,166.303.11%
1994$12,550.873.16%
1995$12,848.032.37%
1996$13,276.303.33%
1997$13,582.202.30%
1998$13,835.671.87%
1999$14,272.683.16%
2000$14,867.014.16%
2001$15,426.383.76%
2002$15,697.321.76%
2003$15,968.271.73%
2004$16,422.762.85%
2005$16,877.242.77%
2006$17,148.191.61%
2007$17,589.302.57%
2008$18,263.263.83%
2009$18,169.83-0.51%
2010$18,505.361.85%
2011$19,170.573.59%
2012$19,618.072.33%
2013$19,998.441.94%
2014$20,278.301.40%
2015$20,151.92-0.62%
2016$20,464.641.55%
2017$20,909.872.18%
2018$21,410.682.40%
2019$21,859.662.10%
2020$22,112.341.16%
2021$23,182.744.84%
2022$24,910.157.45%
2023$25,584.192.71%
2024$26,207.542.44%*

* 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 * $11,100 = $26,207.54

Therefore, according to U.S. Bureau of Labor Statistics, $11,100 in 1990 has the same "purchasing power" as $26,207.54 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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