Minneapolis/St. Paul, Minnesota prices: $60,000,000,000,000 in 1990 $141,662,362,204,724.41 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($60,000,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $81,662,362,204,724.41 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, $60,000,000,000,000 in Minneapolis/St. Paul in the year 1990 would cost $141,662,362,204,724.41 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 $60,000,000,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $60,000,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$60,000,000,000,000.004.10%
1991$61,606,299,212,598.422.68%
1992$63,779,527,559,055.123.53%
1993$65,763,779,527,559.053.11%
1994$67,842,519,685,039.373.16%
1995$69,448,818,897,637.802.37%
1996$71,763,779,527,559.063.33%
1997$73,417,322,834,645.672.30%
1998$74,787,401,574,803.161.87%
1999$77,149,606,299,212.593.16%
2000$80,362,204,724,409.454.16%
2001$83,385,826,771,653.553.76%
2002$84,850,393,700,787.411.76%
2003$86,314,960,629,921.251.73%
2004$88,771,653,543,307.092.85%
2005$91,228,346,456,692.912.77%
2006$92,692,913,385,826.771.61%
2007$95,077,322,834,645.692.57%
2008$98,720,314,960,629.923.83%
2009$98,215,275,590,551.20-0.51%
2010$100,028,976,377,952.721.85%
2011$103,624,724,409,448.843.59%
2012$106,043,622,047,244.082.33%
2013$108,099,685,039,370.081.94%
2014$109,612,440,944,881.881.40%
2015$108,929,291,338,582.69-0.62%
2016$110,619,685,039,370.081.55%
2017$113,026,299,212,598.422.18%
2018$115,733,385,826,771.642.40%
2019$118,160,314,960,629.922.10%
2020$119,526,141,732,283.481.16%
2021$125,312,125,984,251.984.84%
2022$134,649,448,818,897.637.45%
2023$138,292,913,385,826.782.71%
2024$141,662,362,204,724.412.44%*

* 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 * $60,000,000,000,000 = $141,662,362,204,724.41

Therefore, according to U.S. Bureau of Labor Statistics, $60,000,000,000,000 in 1990 has the same "purchasing power" as $141,662,362,204,724.41 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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