Minneapolis/St. Paul, Minnesota prices: $25,000,000,000 in 1990 $59,025,984,251.97 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($25,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $34,025,984,251.97 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, $25,000,000,000 in Minneapolis/St. Paul in the year 1990 would cost $59,025,984,251.97 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
College tuition and fees · Legal services · Detroit, Michigan · Fresh fruits · More

Buying power of $25,000,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $25,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$25,000,000,000.004.10%
1991$25,669,291,338.582.68%
1992$26,574,803,149.613.53%
1993$27,401,574,803.153.11%
1994$28,267,716,535.433.16%
1995$28,937,007,874.022.37%
1996$29,901,574,803.153.33%
1997$30,590,551,181.102.30%
1998$31,161,417,322.831.87%
1999$32,145,669,291.343.16%
2000$33,484,251,968.504.16%
2001$34,744,094,488.193.76%
2002$35,354,330,708.661.76%
2003$35,964,566,929.131.73%
2004$36,988,188,976.382.85%
2005$38,011,811,023.622.77%
2006$38,622,047,244.091.61%
2007$39,615,551,181.102.57%
2008$41,133,464,566.933.83%
2009$40,923,031,496.06-0.51%
2010$41,678,740,157.481.85%
2011$43,176,968,503.943.59%
2012$44,184,842,519.692.33%
2013$45,041,535,433.071.94%
2014$45,671,850,393.701.40%
2015$45,387,204,724.41-0.62%
2016$46,091,535,433.071.55%
2017$47,094,291,338.582.18%
2018$48,222,244,094.492.40%
2019$49,233,464,566.932.10%
2020$49,802,559,055.121.16%
2021$52,213,385,826.774.84%
2022$56,103,937,007.877.45%
2023$57,622,047,244.092.71%
2024$59,025,984,251.972.44%*

* 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 * $25,000,000,000 = $59,025,984,251.97

Therefore, according to U.S. Bureau of Labor Statistics, $25,000,000,000 in 1990 has the same "purchasing power" as $59,025,984,251.97 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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