Minneapolis/St. Paul, Minnesota prices: $72,746 in 1990 $171,756.17 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($72,746)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $99,010.17 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, $72,746 in Minneapolis/St. Paul in the year 1990 would cost $171,756.17 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
Hospital services · Milk · St Louis, Missouri · Housing · More

Buying power of $72,746.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $72,746 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$72,746.004.10%
1991$74,693.532.68%
1992$77,328.433.53%
1993$79,734.203.11%
1994$82,254.533.16%
1995$84,202.062.37%
1996$87,008.803.33%
1997$89,013.612.30%
1998$90,674.741.87%
1999$93,538.753.16%
2000$97,433.824.16%
2001$101,099.763.76%
2002$102,875.451.76%
2003$104,651.141.73%
2004$107,629.712.85%
2005$110,608.292.77%
2006$112,383.981.61%
2007$115,274.922.57%
2008$119,691.803.83%
2009$119,079.47-0.51%
2010$121,278.471.85%
2011$125,638.073.59%
2012$128,570.822.33%
2013$131,063.661.94%
2014$132,897.781.40%
2015$132,069.50-0.62%
2016$134,118.991.55%
2017$137,036.852.18%
2018$140,319.012.40%
2019$143,261.502.10%
2020$144,917.481.16%
2021$151,932.604.84%
2022$163,253.487.45%
2023$167,670.942.71%
2024$171,756.172.44%*

* 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 * $72,746 = $171,756.17

Therefore, according to U.S. Bureau of Labor Statistics, $72,746 in 1990 has the same "purchasing power" as $171,756.17 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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