Minneapolis/St. Paul, Minnesota prices: $1,859,575,960,187.32 in 1990 $4,390,532,053,654.24 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($1,859,575,960,187.32)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $2,530,956,093,466.92 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, $1,859,575,960,187.32 in Minneapolis/St. Paul in the year 1990 would cost $4,390,532,053,654.24 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
Food · Gasoline (all types) · Medical care · Detroit, Michigan · More

Buying power of $1,859,575,960,187.32 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $1,859,575,960,187.32 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$1,859,575,960,187.324.10%
1991$1,909,359,883,530.922.68%
1992$1,976,714,603,348.733.53%
1993$2,038,212,391,008.463.11%
1994$2,102,638,644,747.243.16%
1995$2,152,422,568,090.842.37%
1996$2,224,169,987,027.203.33%
1997$2,275,418,143,410.312.30%
1998$2,317,880,901,556.321.87%
1999$2,391,092,553,532.203.16%
2000$2,490,660,400,219.394.16%
2001$2,584,371,314,748.523.76%
2002$2,629,762,538,973.561.76%
2003$2,675,153,763,198.611.73%
2004$2,751,293,881,253.522.85%
2005$2,827,433,999,308.442.77%
2006$2,872,825,223,533.481.61%
2007$2,946,725,065,037.932.57%
2008$3,059,632,074,715.133.83%
2009$3,043,979,423,522.69-0.51%
2010$3,100,191,329,909.771.85%
2011$3,211,634,106,547.453.59%
2012$3,286,602,838,170.752.33%
2013$3,350,326,260,050.561.94%
2014$3,397,211,001,975.911.40%
2015$3,376,038,192,224.49-0.62%
2016$3,428,428,450,378.431.55%
2017$3,503,016,481,411.452.18%
2018$3,586,917,034,575.812.40%
2019$3,662,134,685,815.832.10%
2020$3,704,465,662,988.281.16%
2021$3,883,790,283,338.004.84%
2022$4,173,181,301,268.257.45%
2023$4,286,102,953,275.852.71%
2024$4,390,532,053,654.242.44%*

* 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 * $1,859,575,960,187.32 = $4,390,532,053,654.24

Therefore, according to U.S. Bureau of Labor Statistics, $1,859,575,960,187.32 in 1990 has the same "purchasing power" as $4,390,532,053,654.24 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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