Minneapolis/St. Paul, Minnesota prices: $420,000,000 in 1990 $991,636,535.43 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($420,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $571,636,535.43 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, $420,000,000 in Minneapolis/St. Paul in the year 1990 would cost $991,636,535.43 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
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Buying power of $420,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $420,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$420,000,000.004.10%
1991$431,244,094.492.68%
1992$446,456,692.913.53%
1993$460,346,456.693.11%
1994$474,897,637.803.16%
1995$486,141,732.282.37%
1996$502,346,456.693.33%
1997$513,921,259.842.30%
1998$523,511,811.021.87%
1999$540,047,244.093.16%
2000$562,535,433.074.16%
2001$583,700,787.403.76%
2002$593,952,755.911.76%
2003$604,204,724.411.73%
2004$621,401,574.802.85%
2005$638,598,425.202.77%
2006$648,850,393.701.61%
2007$665,541,259.842.57%
2008$691,042,204.723.83%
2009$687,506,929.13-0.51%
2010$700,202,834.651.85%
2011$725,373,070.873.59%
2012$742,305,354.332.33%
2013$756,697,795.281.94%
2014$767,287,086.611.40%
2015$762,505,039.37-0.62%
2016$774,337,795.281.55%
2017$791,184,094.492.18%
2018$810,133,700.792.40%
2019$827,122,204.722.10%
2020$836,682,992.131.16%
2021$877,184,881.894.84%
2022$942,546,141.737.45%
2023$968,050,393.702.71%
2024$991,636,535.432.44%*

* 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 * $420,000,000 = $991,636,535.43

Therefore, according to U.S. Bureau of Labor Statistics, $420,000,000 in 1990 has the same "purchasing power" as $991,636,535.43 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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