Minneapolis/St. Paul, Minnesota prices: $93 in 1993 $200.33 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1993-2024 ($93)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 115.41% higher in 2024 versus 1993 (a $107.33 difference in value).

Between 1993 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.51% per year. This rate of change indicates significant inflation. In other words, $93 in Minneapolis/St. Paul in the year 1993 would cost $200.33 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1993: Pricing changed by 3.11%, which is above the average yearly change in Minneapolis/St. Paul during the 1993-2024 time period. Compared to inflation for all items in 1993 (2.95%), inflation in Minneapolis/St. Paul was higher.

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
Public transportation · Milk · Boston, Massachusetts · Admission to sporting events · More

Buying power of $93.00 since 1993

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $93 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1993$93.003.11%
1994$95.943.16%
1995$98.212.37%
1996$101.483.33%
1997$103.822.30%
1998$105.761.87%
1999$109.103.16%
2000$113.644.16%
2001$117.923.76%
2002$119.991.76%
2003$122.061.73%
2004$125.542.85%
2005$129.012.77%
2006$131.081.61%
2007$134.452.57%
2008$139.613.83%
2009$138.89-0.51%
2010$141.461.85%
2011$146.543.59%
2012$149.962.33%
2013$152.871.94%
2014$155.011.40%
2015$154.04-0.62%
2016$156.431.55%
2017$159.842.18%
2018$163.662.40%
2019$167.102.10%
2020$169.031.16%
2021$177.214.84%
2022$190.417.45%
2023$195.572.71%
2024$200.332.44%*

* 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 1993 * 1993 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 139.200 in the year 1993 and 299.852 in 2024:

299.852 / 139.200 * $93 = $200.33

Therefore, according to U.S. Bureau of Labor Statistics, $93 in 1993 has the same "purchasing power" as $200.33 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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