Minneapolis/St. Paul, Minnesota prices: $140,000 in 1991 $321,926.99 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1991-2024 ($140,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 129.95% higher in 2024 versus 1991 (a $181,926.99 difference in value).

Between 1991 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, $140,000 in Minneapolis/St. Paul in the year 1991 would cost $321,926.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1991: Pricing changed by 2.68%, which is above the average yearly change in Minneapolis/St. Paul during the 1991-2024 time period. Compared to inflation for all items in 1991 (4.23%), 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
Wireless telephone services · Seattle, Washington · Airline fares · Juices and nonalcoholic drinks · More

Buying power of $140,000.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $140,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$140,000.002.68%
1992$144,938.653.53%
1993$149,447.853.11%
1994$154,171.783.16%
1995$157,822.092.37%
1996$163,082.823.33%
1997$166,840.492.30%
1998$169,953.991.87%
1999$175,322.093.16%
2000$182,622.704.16%
2001$189,493.873.76%
2002$192,822.091.76%
2003$196,150.311.73%
2004$201,733.132.85%
2005$207,315.952.77%
2006$210,644.171.61%
2007$216,062.732.57%
2008$224,341.413.83%
2009$223,193.71-0.51%
2010$227,315.341.85%
2011$235,486.663.59%
2012$240,983.592.33%
2013$245,655.981.94%
2014$249,093.711.40%
2015$247,541.26-0.62%
2016$251,382.671.55%
2017$256,851.692.18%
2018$263,003.532.40%
2019$268,518.712.10%
2020$271,622.551.16%
2021$284,771.174.84%
2022$305,990.187.45%
2023$314,269.942.71%
2024$321,926.992.44%*

* 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 1991 * 1991 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 130.400 in the year 1991 and 299.852 in 2024:

299.852 / 130.400 * $140,000 = $321,926.99

Therefore, according to U.S. Bureau of Labor Statistics, $140,000 in 1991 has the same "purchasing power" as $321,926.99 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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