Minneapolis/St. Paul, Minnesota prices: $168,000,000,000 in 1990 $396,654,614,173.23 in 2024

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1990-2024 ($168,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $228,654,614,173.23 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, $168,000,000,000 in Minneapolis/St. Paul in the year 1990 would cost $396,654,614,173.23 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
Dental services · Financial services · Milk · Juices and nonalcoholic drinks · More

Buying power of $168,000,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $168,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$168,000,000,000.004.10%
1991$172,497,637,795.282.68%
1992$178,582,677,165.353.53%
1993$184,138,582,677.173.11%
1994$189,959,055,118.113.16%
1995$194,456,692,913.392.37%
1996$200,938,582,677.173.33%
1997$205,568,503,937.012.30%
1998$209,404,724,409.451.87%
1999$216,018,897,637.803.16%
2000$225,014,173,228.354.16%
2001$233,480,314,960.633.76%
2002$237,581,102,362.201.76%
2003$241,681,889,763.781.73%
2004$248,560,629,921.262.85%
2005$255,439,370,078.742.77%
2006$259,540,157,480.311.61%
2007$266,216,503,937.012.57%
2008$276,416,881,889.763.83%
2009$275,002,771,653.54-0.51%
2010$280,081,133,858.271.85%
2011$290,149,228,346.463.59%
2012$296,922,141,732.282.33%
2013$302,679,118,110.241.94%
2014$306,914,834,645.671.40%
2015$305,002,015,748.03-0.62%
2016$309,735,118,110.241.55%
2017$316,473,637,795.282.18%
2018$324,053,480,314.962.40%
2019$330,848,881,889.762.10%
2020$334,673,196,850.391.16%
2021$350,873,952,755.914.84%
2022$377,018,456,692.917.45%
2023$387,220,157,480.322.71%
2024$396,654,614,173.232.44%*

* 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 * $168,000,000,000 = $396,654,614,173.23

Therefore, according to U.S. Bureau of Labor Statistics, $168,000,000,000 in 1990 has the same "purchasing power" as $396,654,614,173.23 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.