Minneapolis/St. Paul, Minnesota prices: $92,470 in 1990 $218,325.31 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($92,470)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $125,855.31 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, $92,470 in Minneapolis/St. Paul in the year 1990 would cost $218,325.31 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
Alcoholic beverages · Bananas · Financial services · Rent of primary residence · More

Buying power of $92,470.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $92,470 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$92,470.004.10%
1991$94,945.572.68%
1992$98,294.883.53%
1993$101,352.943.11%
1994$104,556.633.16%
1995$107,032.202.37%
1996$110,599.943.33%
1997$113,148.332.30%
1998$115,259.851.87%
1999$118,900.403.16%
2000$123,851.554.16%
2001$128,511.463.76%
2002$130,768.601.76%
2003$133,025.741.73%
2004$136,811.912.85%
2005$140,598.092.77%
2006$142,855.231.61%
2007$146,530.002.57%
2008$152,144.463.83%
2009$151,366.11-0.51%
2010$154,161.321.85%
2011$159,702.973.59%
2012$163,430.902.33%
2013$166,599.631.94%
2014$168,931.041.40%
2015$167,878.19-0.62%
2016$170,483.371.55%
2017$174,192.362.18%
2018$178,364.442.40%
2019$182,104.742.10%
2020$184,209.711.16%
2021$193,126.874.84%
2022$207,517.247.45%
2023$213,132.432.71%
2024$218,325.312.44%*

* 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 * $92,470 = $218,325.31

Therefore, according to U.S. Bureau of Labor Statistics, $92,470 in 1990 has the same "purchasing power" as $218,325.31 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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