Minneapolis/St. Paul, Minnesota prices: $92,000 in 1999 $168,930.70 in 2024

Inflation in Minnesota

$

Prices in Minneapolis/st. Paul, 1999-2024 ($92,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 83.62% higher in 2024 versus 1999 (a $76,930.70 difference in value).

Between 1999 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.46% per year. This rate of change indicates significant inflation. In other words, $92,000 in Minneapolis/St. Paul in the year 1999 would cost $168,930.70 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 1999: Pricing changed by 3.16%, which is above the average yearly change in Minneapolis/St. Paul during the 1999-2024 time period. Compared to inflation for all items in 1999 (2.19%), 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
Financial services · Fresh fruits · New trucks · Seattle, Washington · More

Buying power of $92,000.00 since 1999

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $92,000 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$92,000.003.16%
2000$95,830.994.16%
2001$99,436.623.76%
2002$101,183.101.76%
2003$102,929.581.73%
2004$105,859.152.85%
2005$108,788.732.77%
2006$110,535.211.61%
2007$113,378.592.57%
2008$117,722.823.83%
2009$117,120.56-0.51%
2010$119,283.381.85%
2011$123,571.273.59%
2012$126,455.772.33%
2013$128,907.611.94%
2014$130,711.551.40%
2015$129,896.90-0.62%
2016$131,912.681.55%
2017$134,782.542.18%
2018$138,010.702.40%
2019$140,904.792.10%
2020$142,533.521.16%
2021$149,433.244.84%
2022$160,567.897.45%
2023$164,912.682.71%
2024$168,930.702.44%*

* 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 1999 * 1999 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 163.300 in the year 1999 and 299.852 in 2024:

299.852 / 163.300 * $92,000 = $168,930.70

Therefore, according to U.S. Bureau of Labor Statistics, $92,000 in 1999 has the same "purchasing power" as $168,930.70 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.

» Read more about inflation and investment.