Minneapolis/St. Paul, Minnesota prices: $129,000 in 1990 $304,574.08 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($129,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $175,574.08 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, $129,000 in Minneapolis/St. Paul in the year 1990 would cost $304,574.08 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 $129,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $129,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$129,000.004.10%
1991$132,453.542.68%
1992$137,125.983.53%
1993$141,392.133.11%
1994$145,861.423.16%
1995$149,314.962.37%
1996$154,292.133.33%
1997$157,847.242.30%
1998$160,792.911.87%
1999$165,871.653.16%
2000$172,778.744.16%
2001$179,279.533.76%
2002$182,428.351.76%
2003$185,577.171.73%
2004$190,859.062.85%
2005$196,140.942.77%
2006$199,289.761.61%
2007$204,416.242.57%
2008$212,248.683.83%
2009$211,162.84-0.51%
2010$215,062.301.85%
2011$222,793.163.59%
2012$227,993.792.33%
2013$232,414.321.94%
2014$235,666.751.40%
2015$234,197.98-0.62%
2016$237,832.321.55%
2017$243,006.542.18%
2018$248,826.782.40%
2019$254,044.682.10%
2020$256,981.201.16%
2021$269,421.074.84%
2022$289,496.317.45%
2023$297,329.762.71%
2024$304,574.082.44%*

* 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 * $129,000 = $304,574.08

Therefore, according to U.S. Bureau of Labor Statistics, $129,000 in 1990 has the same "purchasing power" as $304,574.08 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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