Minneapolis/St. Paul, Minnesota prices: $83,200 in 1990 $196,438.48 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($83,200)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $113,238.48 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, $83,200 in Minneapolis/St. Paul in the year 1990 would cost $196,438.48 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 $83,200.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $83,200 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$83,200.004.10%
1991$85,427.402.68%
1992$88,440.943.53%
1993$91,192.443.11%
1994$94,074.963.16%
1995$96,302.362.37%
1996$99,512.443.33%
1997$101,805.352.30%
1998$103,705.201.87%
1999$106,980.793.16%
2000$111,435.594.16%
2001$115,628.353.76%
2002$117,659.211.76%
2003$119,690.081.73%
2004$123,096.692.85%
2005$126,503.312.77%
2006$128,534.171.61%
2007$131,840.552.57%
2008$136,892.173.83%
2009$136,191.85-0.51%
2010$138,706.851.85%
2011$143,692.953.59%
2012$147,047.162.33%
2013$149,898.231.94%
2014$151,995.921.40%
2015$151,048.62-0.62%
2016$153,392.631.55%
2017$156,729.802.18%
2018$160,483.632.40%
2019$163,848.972.10%
2020$165,742.921.16%
2021$173,766.154.84%
2022$186,713.907.45%
2023$191,766.172.71%
2024$196,438.482.44%*

* 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 * $83,200 = $196,438.48

Therefore, according to U.S. Bureau of Labor Statistics, $83,200 in 1990 has the same "purchasing power" as $196,438.48 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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