Minneapolis/St. Paul, Minnesota prices: $66,000 in 1991 $151,765.58 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1991-2024 ($66,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 129.95% higher in 2024 versus 1991 (a $85,765.58 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, $66,000 in Minneapolis/St. Paul in the year 1991 would cost $151,765.58 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
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Buying power of $66,000.00 since 1991

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $66,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$66,000.002.68%
1992$68,328.223.53%
1993$70,453.993.11%
1994$72,680.983.16%
1995$74,401.842.37%
1996$76,881.903.33%
1997$78,653.372.30%
1998$80,121.171.87%
1999$82,651.843.16%
2000$86,093.564.16%
2001$89,332.823.76%
2002$90,901.841.76%
2003$92,470.861.73%
2004$95,102.762.85%
2005$97,734.662.77%
2006$99,303.681.61%
2007$101,858.142.57%
2008$105,760.953.83%
2009$105,219.89-0.51%
2010$107,162.941.85%
2011$111,015.143.59%
2012$113,606.552.33%
2013$115,809.251.94%
2014$117,429.891.40%
2015$116,698.02-0.62%
2016$118,508.971.55%
2017$121,087.222.18%
2018$123,987.382.40%
2019$126,587.392.10%
2020$128,050.631.16%
2021$134,249.264.84%
2022$144,252.527.45%
2023$148,155.832.71%
2024$151,765.582.44%*

* 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 * $66,000 = $151,765.58

Therefore, according to U.S. Bureau of Labor Statistics, $66,000 in 1991 has the same "purchasing power" as $151,765.58 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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