Minneapolis/St. Paul, Minnesota prices: $156,000,000,000 in 1990 $368,322,141,732.28 in 2024

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1990-2024 ($156,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $212,322,141,732.28 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, $156,000,000,000 in Minneapolis/St. Paul in the year 1990 would cost $368,322,141,732.28 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
Frankfurters · Alcoholic beverages · Educational books and supplies · Houston, Texas · More

Buying power of $156,000,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $156,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$156,000,000,000.004.10%
1991$160,176,377,952.762.68%
1992$165,826,771,653.543.53%
1993$170,985,826,771.653.11%
1994$176,390,551,181.103.16%
1995$180,566,929,133.862.37%
1996$186,585,826,771.653.33%
1997$190,885,039,370.082.30%
1998$194,447,244,094.491.87%
1999$200,588,976,377.953.16%
2000$208,941,732,283.464.16%
2001$216,803,149,606.303.76%
2002$220,611,023,622.051.76%
2003$224,418,897,637.801.73%
2004$230,806,299,212.602.85%
2005$237,193,700,787.402.77%
2006$241,001,574,803.151.61%
2007$247,201,039,370.082.57%
2008$256,672,818,897.643.83%
2009$255,359,716,535.43-0.51%
2010$260,075,338,582.681.85%
2011$269,424,283,464.573.59%
2012$275,713,417,322.832.33%
2013$281,059,181,102.361.94%
2014$284,992,346,456.691.40%
2015$283,216,157,480.31-0.62%
2016$287,611,181,102.361.55%
2017$293,868,377,952.762.18%
2018$300,906,803,149.612.40%
2019$307,216,818,897.642.10%
2020$310,767,968,503.941.16%
2021$325,811,527,559.064.84%
2022$350,088,566,929.137.45%
2023$359,561,574,803.152.71%
2024$368,322,141,732.282.44%*

* 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 * $156,000,000,000 = $368,322,141,732.28

Therefore, according to U.S. Bureau of Labor Statistics, $156,000,000,000 in 1990 has the same "purchasing power" as $368,322,141,732.28 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.

» Read more about inflation and investment.