Minneapolis/St. Paul, Minnesota prices: $150,466 in 1990 $355,256.15 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($150,466)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $204,790.15 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, $150,466 in Minneapolis/St. Paul in the year 1990 would cost $355,256.15 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%).

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Buying power of $150,466.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $150,466 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$150,466.004.10%
1991$154,494.222.68%
1992$159,944.173.53%
1993$164,920.213.11%
1994$170,133.213.16%
1995$174,161.432.37%
1996$179,966.813.33%
1997$184,113.512.30%
1998$187,549.351.87%
1999$193,473.213.16%
2000$201,529.664.16%
2001$209,112.203.76%
2002$212,784.991.76%
2003$216,457.781.73%
2004$222,618.592.85%
2005$228,779.412.77%
2006$232,452.201.61%
2007$238,431.742.57%
2008$247,567.523.83%
2009$246,300.99-0.51%
2010$250,849.331.85%
2011$259,866.633.59%
2012$265,932.662.33%
2013$271,088.791.94%
2014$274,882.431.40%
2015$273,169.25-0.62%
2016$277,408.361.55%
2017$283,443.592.18%
2018$290,232.332.40%
2019$296,318.502.10%
2020$299,743.671.16%
2021$314,253.574.84%
2022$337,669.407.45%
2023$346,806.362.71%
2024$355,256.152.44%*

* 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 * $150,466 = $355,256.15

Therefore, according to U.S. Bureau of Labor Statistics, $150,466 in 1990 has the same "purchasing power" as $355,256.15 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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