Minneapolis/St. Paul, Minnesota prices: $79,384 in 1990 $187,428.75 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($79,384)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $108,044.75 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, $79,384 in Minneapolis/St. Paul in the year 1990 would cost $187,428.75 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
Electricity · Televisions · Educational books and supplies · Milk · More

Buying power of $79,384.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $79,384 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$79,384.004.10%
1991$81,509.242.68%
1992$84,384.573.53%
1993$87,009.863.11%
1994$89,760.183.16%
1995$91,885.422.37%
1996$94,948.263.33%
1997$97,136.012.30%
1998$98,948.721.87%
1999$102,074.073.16%
2000$106,324.554.16%
2001$110,325.013.76%
2002$112,262.731.76%
2003$114,200.451.73%
2004$117,450.822.85%
2005$120,701.182.77%
2006$122,638.901.61%
2007$125,793.642.57%
2008$130,613.563.83%
2009$129,945.36-0.51%
2010$132,345.001.85%
2011$137,102.423.59%
2012$140,302.782.33%
2013$143,023.091.94%
2014$145,024.571.40%
2015$144,120.71-0.62%
2016$146,357.221.55%
2017$149,541.332.18%
2018$153,122.992.40%
2019$156,333.972.10%
2020$158,141.051.16%
2021$165,796.304.84%
2022$178,150.207.45%
2023$182,970.742.71%
2024$187,428.752.44%*

* 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 * $79,384 = $187,428.75

Therefore, according to U.S. Bureau of Labor Statistics, $79,384 in 1990 has the same "purchasing power" as $187,428.75 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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