Minneapolis/St. Paul, Minnesota prices: $852 in 1990 $2,011.61 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($852)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $1,159.61 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, $852 in Minneapolis/St. Paul in the year 1990 would cost $2,011.61 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 $852.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $852 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$852.004.10%
1991$874.812.68%
1992$905.673.53%
1993$933.853.11%
1994$963.363.16%
1995$986.172.37%
1996$1,019.053.33%
1997$1,042.532.30%
1998$1,061.981.87%
1999$1,095.523.16%
2000$1,141.144.16%
2001$1,184.083.76%
2002$1,204.881.76%
2003$1,225.671.73%
2004$1,260.562.85%
2005$1,295.442.77%
2006$1,316.241.61%
2007$1,350.102.57%
2008$1,401.833.83%
2009$1,394.66-0.51%
2010$1,420.411.85%
2011$1,471.473.59%
2012$1,505.822.33%
2013$1,535.021.94%
2014$1,556.501.40%
2015$1,546.80-0.62%
2016$1,570.801.55%
2017$1,604.972.18%
2018$1,643.412.40%
2019$1,677.882.10%
2020$1,697.271.16%
2021$1,779.434.84%
2022$1,912.027.45%
2023$1,963.762.71%
2024$2,011.612.44%*

* 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 * $852 = $2,011.61

Therefore, according to U.S. Bureau of Labor Statistics, $852 in 1990 has the same "purchasing power" as $2,011.61 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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