Minneapolis/St. Paul, Minnesota prices: $99,000 in 1993 $213,256.81 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1993-2024 ($99,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 115.41% higher in 2024 versus 1993 (a $114,256.81 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, $99,000 in Minneapolis/St. Paul in the year 1993 would cost $213,256.81 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
Parking fees and tolls · College tuition and fees · New cars · Food · More

Buying power of $99,000.00 since 1993

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $99,000 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1993$99,000.003.11%
1994$102,129.313.16%
1995$104,547.412.37%
1996$108,032.333.33%
1997$110,521.552.30%
1998$112,584.051.87%
1999$116,140.093.16%
2000$120,976.294.16%
2001$125,528.023.76%
2002$127,732.761.76%
2003$129,937.501.73%
2004$133,635.782.85%
2005$137,334.052.77%
2006$139,538.791.61%
2007$143,128.252.57%
2008$148,612.373.83%
2009$147,852.09-0.51%
2010$150,582.411.85%
2011$155,995.413.59%
2012$159,636.792.33%
2013$162,731.961.94%
2014$165,009.251.40%
2015$163,980.84-0.62%
2016$166,525.541.55%
2017$170,148.432.18%
2018$174,223.642.40%
2019$177,877.112.10%
2020$179,933.211.16%
2021$188,643.364.84%
2022$202,699.667.45%
2023$208,184.482.71%
2024$213,256.812.44%*

* 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 * $99,000 = $213,256.81

Therefore, according to U.S. Bureau of Labor Statistics, $99,000 in 1993 has the same "purchasing power" as $213,256.81 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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