Minneapolis/St. Paul, Minnesota prices: $60,900,000 in 1990 $143,787,297.64 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($60,900,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $82,887,297.64 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, $60,900,000 in Minneapolis/St. Paul in the year 1990 would cost $143,787,297.64 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 $60,900,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $60,900,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$60,900,000.004.10%
1991$62,530,393.702.68%
1992$64,736,220.473.53%
1993$66,750,236.223.11%
1994$68,860,157.483.16%
1995$70,490,551.182.37%
1996$72,840,236.223.33%
1997$74,518,582.682.30%
1998$75,909,212.601.87%
1999$78,306,850.393.16%
2000$81,567,637.804.16%
2001$84,636,614.173.76%
2002$86,123,149.611.76%
2003$87,609,685.041.73%
2004$90,103,228.352.85%
2005$92,596,771.652.77%
2006$94,083,307.091.61%
2007$96,503,482.682.57%
2008$100,201,119.693.83%
2009$99,688,504.72-0.51%
2010$101,529,411.021.85%
2011$105,179,095.283.59%
2012$107,634,276.382.33%
2013$109,721,180.311.94%
2014$111,256,627.561.40%
2015$110,563,230.71-0.62%
2016$112,278,980.311.55%
2017$114,721,693.702.18%
2018$117,469,386.612.40%
2019$119,932,719.692.10%
2020$121,319,033.861.16%
2021$127,191,807.874.84%
2022$136,669,190.557.45%
2023$140,367,307.092.71%
2024$143,787,297.642.44%*

* 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 * $60,900,000 = $143,787,297.64

Therefore, according to U.S. Bureau of Labor Statistics, $60,900,000 in 1990 has the same "purchasing power" as $143,787,297.64 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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