Minneapolis/St. Paul, Minnesota prices: $170,000,000,000 in 1990 $401,376,692,913.39 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($170,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $231,376,692,913.39 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, $170,000,000,000 in Minneapolis/St. Paul in the year 1990 would cost $401,376,692,913.39 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 $170,000,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $170,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$170,000,000,000.004.10%
1991$174,551,181,102.362.68%
1992$180,708,661,417.323.53%
1993$186,330,708,661.423.11%
1994$192,220,472,440.943.16%
1995$196,771,653,543.312.37%
1996$203,330,708,661.423.33%
1997$208,015,748,031.502.30%
1998$211,897,637,795.281.87%
1999$218,590,551,181.103.16%
2000$227,692,913,385.834.16%
2001$236,259,842,519.693.76%
2002$240,409,448,818.901.76%
2003$244,559,055,118.111.73%
2004$251,519,685,039.372.85%
2005$258,480,314,960.632.77%
2006$262,629,921,259.841.61%
2007$269,385,748,031.502.57%
2008$279,707,559,055.123.83%
2009$278,276,614,173.23-0.51%
2010$283,415,433,070.871.85%
2011$293,603,385,826.773.59%
2012$300,456,929,133.862.33%
2013$306,282,440,944.881.94%
2014$310,568,582,677.171.40%
2015$308,632,992,125.98-0.62%
2016$313,422,440,944.881.55%
2017$320,241,181,102.362.18%
2018$327,911,259,842.522.40%
2019$334,787,559,055.122.10%
2020$338,657,401,574.801.16%
2021$355,051,023,622.054.84%
2022$381,506,771,653.547.45%
2023$391,829,921,259.842.71%
2024$401,376,692,913.392.44%*

* 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 * $170,000,000,000 = $401,376,692,913.39

Therefore, according to U.S. Bureau of Labor Statistics, $170,000,000,000 in 1990 has the same "purchasing power" as $401,376,692,913.39 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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