Minneapolis/St. Paul, Minnesota prices: $299,000,000,000 in 1990 $705,950,771,653.54 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($299,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $406,950,771,653.54 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, $299,000,000,000 in Minneapolis/St. Paul in the year 1990 would cost $705,950,771,653.54 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
Women's apparel · New cars · Medical care · Dental services · More

Buying power of $299,000,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $299,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$299,000,000,000.004.10%
1991$307,004,724,409.452.68%
1992$317,834,645,669.293.53%
1993$327,722,834,645.673.11%
1994$338,081,889,763.783.16%
1995$346,086,614,173.232.37%
1996$357,622,834,645.673.33%
1997$365,862,992,125.982.30%
1998$372,690,551,181.101.87%
1999$384,462,204,724.413.16%
2000$400,471,653,543.314.16%
2001$415,539,370,078.743.76%
2002$422,837,795,275.591.76%
2003$430,136,220,472.441.73%
2004$442,378,740,157.482.85%
2005$454,621,259,842.522.77%
2006$461,919,685,039.371.61%
2007$473,801,992,125.982.57%
2008$491,956,236,220.473.83%
2009$489,439,456,692.91-0.51%
2010$498,477,732,283.461.85%
2011$516,396,543,307.093.59%
2012$528,450,716,535.432.33%
2013$538,696,763,779.531.94%
2014$546,235,330,708.661.40%
2015$542,830,968,503.94-0.62%
2016$551,254,763,779.531.55%
2017$563,247,724,409.452.18%
2018$576,738,039,370.082.40%
2019$588,832,236,220.472.10%
2020$595,638,606,299.211.16%
2021$624,472,094,488.194.84%
2022$671,003,086,614.177.45%
2023$689,159,685,039.372.71%
2024$705,950,771,653.542.44%*

* 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 * $299,000,000,000 = $705,950,771,653.54

Therefore, according to U.S. Bureau of Labor Statistics, $299,000,000,000 in 1990 has the same "purchasing power" as $705,950,771,653.54 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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