Minneapolis/St. Paul, Minnesota prices: $137,000 in 1990 $323,462.39 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($137,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $186,462.39 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, $137,000 in Minneapolis/St. Paul in the year 1990 would cost $323,462.39 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 $137,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $137,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$137,000.004.10%
1991$140,667.722.68%
1992$145,629.923.53%
1993$150,160.633.11%
1994$154,907.093.16%
1995$158,574.802.37%
1996$163,860.633.33%
1997$167,636.222.30%
1998$170,764.571.87%
1999$176,158.273.16%
2000$183,493.704.16%
2001$190,397.643.76%
2002$193,741.731.76%
2003$197,085.831.73%
2004$202,695.282.85%
2005$208,304.722.77%
2006$211,648.821.61%
2007$217,093.222.57%
2008$225,411.393.83%
2009$224,258.21-0.51%
2010$228,399.501.85%
2011$236,609.793.59%
2012$242,132.942.33%
2013$246,827.611.94%
2014$250,281.741.40%
2015$248,721.88-0.62%
2016$252,581.611.55%
2017$258,076.722.18%
2018$264,257.902.40%
2019$269,799.392.10%
2020$272,918.021.16%
2021$286,129.354.84%
2022$307,449.577.45%
2023$315,768.822.71%
2024$323,462.392.44%*

* 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 * $137,000 = $323,462.39

Therefore, according to U.S. Bureau of Labor Statistics, $137,000 in 1990 has the same "purchasing power" as $323,462.39 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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