Minneapolis/St. Paul, Minnesota prices: $147,000,000,000 in 1990 $347,072,787,401.57 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($147,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $200,072,787,401.57 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, $147,000,000,000 in Minneapolis/St. Paul in the year 1990 would cost $347,072,787,401.57 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
Wireless telephone services · Milk · Admission to sporting events · San Diego, California · More

Buying power of $147,000,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $147,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$147,000,000,000.004.10%
1991$150,935,433,070.872.68%
1992$156,259,842,519.693.53%
1993$161,121,259,842.523.11%
1994$166,214,173,228.353.16%
1995$170,149,606,299.212.37%
1996$175,821,259,842.523.33%
1997$179,872,440,944.882.30%
1998$183,229,133,858.271.87%
1999$189,016,535,433.073.16%
2000$196,887,401,574.804.16%
2001$204,295,275,590.553.76%
2002$207,883,464,566.931.76%
2003$211,471,653,543.311.73%
2004$217,490,551,181.102.85%
2005$223,509,448,818.902.77%
2006$227,097,637,795.281.61%
2007$232,939,440,944.882.57%
2008$241,864,771,653.543.83%
2009$240,627,425,196.85-0.51%
2010$245,070,992,125.981.85%
2011$253,880,574,803.153.59%
2012$259,806,874,015.752.33%
2013$264,844,228,346.461.94%
2014$268,550,480,314.961.40%
2015$266,876,763,779.53-0.62%
2016$271,018,228,346.461.55%
2017$276,914,433,070.872.18%
2018$283,546,795,275.592.40%
2019$289,492,771,653.542.10%
2020$292,839,047,244.091.16%
2021$307,014,708,661.424.84%
2022$329,891,149,606.307.45%
2023$338,817,637,795.282.71%
2024$347,072,787,401.572.44%*

* 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 * $147,000,000,000 = $347,072,787,401.57

Therefore, according to U.S. Bureau of Labor Statistics, $147,000,000,000 in 1990 has the same "purchasing power" as $347,072,787,401.57 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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