Minneapolis/St. Paul, Minnesota prices: $77,500 in 1990 $182,980.55 in 2024

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1990-2024 ($77,500)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $105,480.55 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, $77,500 in Minneapolis/St. Paul in the year 1990 would cost $182,980.55 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
Admission to sporting events · Dental services · New trucks · Bread · More

Buying power of $77,500.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $77,500 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$77,500.004.10%
1991$79,574.802.68%
1992$82,381.893.53%
1993$84,944.883.11%
1994$87,629.923.16%
1995$89,704.722.37%
1996$92,694.883.33%
1997$94,830.712.30%
1998$96,600.391.87%
1999$99,651.573.16%
2000$103,801.184.16%
2001$107,706.693.76%
2002$109,598.431.76%
2003$111,490.161.73%
2004$114,663.392.85%
2005$117,836.612.77%
2006$119,728.351.61%
2007$122,808.212.57%
2008$127,513.743.83%
2009$126,861.40-0.51%
2010$129,204.091.85%
2011$133,848.603.59%
2012$136,973.012.33%
2013$139,628.761.94%
2014$141,582.741.40%
2015$140,700.33-0.62%
2016$142,883.761.55%
2017$145,992.302.18%
2018$149,488.962.40%
2019$152,623.742.10%
2020$154,387.931.16%
2021$161,861.504.84%
2022$173,922.207.45%
2023$178,628.352.71%
2024$182,980.552.44%*

* 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 * $77,500 = $182,980.55

Therefore, according to U.S. Bureau of Labor Statistics, $77,500 in 1990 has the same "purchasing power" as $182,980.55 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.

» Read more about inflation and investment.