Minneapolis/St. Paul, Minnesota prices: $200,000,000 in 1990 $460,976,377.95 in 2023

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2023 ($200,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 130.49% higher in 2023 versus 1990 (a $260,976,377.95 difference in value).

Between 1990 and 2023: Minneapolis/St. Paul experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, $200,000,000 in Minneapolis/St. Paul in the year 1990 would cost $460,976,377.95 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.60% 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 1990-2023 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 $200,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $200,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$200,000,000.004.10%
1991$205,354,330.712.68%
1992$212,598,425.203.53%
1993$219,212,598.433.11%
1994$226,141,732.283.16%
1995$231,496,062.992.37%
1996$239,212,598.433.33%
1997$244,724,409.452.30%
1998$249,291,338.581.87%
1999$257,165,354.333.16%
2000$267,874,015.754.16%
2001$277,952,755.913.76%
2002$282,834,645.671.76%
2003$287,716,535.431.73%
2004$295,905,511.812.85%
2005$304,094,488.192.77%
2006$308,976,377.951.61%
2007$316,924,409.452.57%
2008$329,067,716.543.83%
2009$327,384,251.97-0.51%
2010$333,429,921.261.85%
2011$345,415,748.033.59%
2012$353,478,740.162.33%
2013$360,332,283.461.94%
2014$365,374,803.151.40%
2015$363,097,637.80-0.62%
2016$368,732,283.461.55%
2017$376,754,330.712.18%
2018$385,777,952.762.40%
2019$393,867,716.542.10%
2020$398,420,472.441.16%
2021$417,707,086.614.84%
2022$448,831,496.067.45%
2023$460,976,377.952.71%*

* 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:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1990 * 1990 USD value = 2023 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 292.720 in 2023:

292.720 / 127.000 * $200,000,000 = $460,976,377.95

Therefore, according to U.S. Bureau of Labor Statistics, $200,000,000 in 1990 has the same "purchasing power" as $460,976,377.95 in 2023 (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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