Minneapolis/St. Paul, Minnesota prices:$23,500,000 in 1990$56,771,188.98 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2025 ($23,500,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 141.58% higher in 2025 versus 1990 (a $33,271,188.98 difference in value).

Between 1990 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.55% per year. This rate of change indicates significant inflation. In other words, $23,500,000 in Minneapolis/St. Paul in the year 1990 would cost $56,771,188.98 in 2025 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 1990-2025 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 $23,500,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $23,500,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$23,500,000.004.10%
1991$24,129,133.862.68%
1992$24,980,314.963.53%
1993$25,757,480.313.11%
1994$26,571,653.543.16%
1995$27,200,787.402.37%
1996$28,107,480.313.33%
1997$28,755,118.112.30%
1998$29,291,732.281.87%
1999$30,216,929.133.16%
2000$31,475,196.854.16%
2001$32,659,448.823.76%
2002$33,233,070.871.76%
2003$33,806,692.911.73%
2004$34,768,897.642.85%
2005$35,731,102.362.77%
2006$36,304,724.411.61%
2007$37,238,618.112.57%
2008$38,665,456.693.83%
2009$38,467,649.61-0.51%
2010$39,178,015.751.85%
2011$40,586,350.393.59%
2012$41,533,751.972.33%
2013$42,339,043.311.94%
2014$42,931,539.371.40%
2015$42,663,972.44-0.62%
2016$43,326,043.311.55%
2017$44,268,633.862.18%
2018$45,328,909.452.40%
2019$46,279,456.692.10%
2020$46,814,405.511.16%
2021$49,080,582.684.84%
2022$52,737,700.797.45%
2023$54,164,724.412.71%
2024$55,484,425.202.44%
2025$56,771,188.982.32%*

* 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:

Year198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852306.806

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1990* 1990 USD value = 2025 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 306.806 in 2025:

306.806 / 127.000* $23,500,000 = $56,771,188.98

Therefore, according to U.S. Bureau of Labor Statistics, $23,500,000 in 1990 has the same "purchasing power" as $56,771,188.98 in 2025 (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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