Minneapolis/St. Paul, Minnesota prices: $370,000,000 in 1990 $873,584,566.93 in 2024

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1990-2024 ($370,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 136.10% higher in 2024 versus 1990 (a $503,584,566.93 difference in value).

Between 1990 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, $370,000,000 in Minneapolis/St. Paul in the year 1990 would cost $873,584,566.93 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.61% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1990: Pricing changed by 4.10%, which is above the average yearly change in Minneapolis/St. Paul during the 1990-2024 time period. Compared to inflation for all items in 1990 (5.40%), 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
19851990199520002005201020152020-11357
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 $370,000,000.00 since 1990

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $370,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$370,000,000.004.10%
1991$379,905,511.812.68%
1992$393,307,086.613.53%
1993$405,543,307.093.11%
1994$418,362,204.723.16%
1995$428,267,716.542.37%
1996$442,543,307.093.33%
1997$452,740,157.482.30%
1998$461,188,976.381.87%
1999$475,755,905.513.16%
2000$495,566,929.134.16%
2001$514,212,598.433.76%
2002$523,244,094.491.76%
2003$532,275,590.551.73%
2004$547,425,196.852.85%
2005$562,574,803.152.77%
2006$571,606,299.211.61%
2007$586,310,157.482.57%
2008$608,775,275.593.83%
2009$605,660,866.14-0.51%
2010$616,845,354.331.85%
2011$639,019,133.863.59%
2012$653,935,669.292.33%
2013$666,614,724.411.94%
2014$675,943,385.831.40%
2015$671,730,629.92-0.62%
2016$682,154,724.411.55%
2017$696,995,511.812.18%
2018$713,689,212.602.40%
2019$728,655,275.592.10%
2020$737,077,874.021.16%
2021$772,758,110.244.84%
2022$830,338,267.727.45%
2023$852,806,299.212.71%
2024$873,584,566.932.44%*

* 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 1990 * 1990 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 127.000 in the year 1990 and 299.852 in 2024:

299.852 / 127.000 * $370,000,000 = $873,584,566.93

Therefore, according to U.S. Bureau of Labor Statistics, $370,000,000 in 1990 has the same "purchasing power" as $873,584,566.93 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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