Miami-Fort Lauderdale, Florida priced at $200 in 1979 $973.32 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1979-2024 ($200)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 386.66% higher in 2024 versus 1979 (a $773.32 difference in value).

Between 1979 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.58% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $200 in the year 1979 would cost $973.32 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.29% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1979: Pricing changed by 9.70%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1979-2024 time period. Compared to inflation for all items in 1979 (11.26%), inflation for miami-fort lauderdale, florida was lower.

Price Inflation for Miami-Fort Lauderdale, Florida since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (14.04%), 1981 (11.39%), and 1979 (9.70%).

View price changes for other categories
Electricity · Fish and seafood · Bananas · Public transportation · More

Buying power of $200.00 since 1979

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $200 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1979$200.009.70%
1980$228.0914.04%
1981$254.0611.39%
1982$272.597.30%
1983$281.393.23%
1984$291.933.75%
1985$300.162.82%
1986$304.541.46%
1987$315.223.51%
1988$329.194.43%
1989$342.604.07%
1990$360.435.20%
1991$373.143.52%
1992$379.301.65%
1993$392.383.45%
1994$404.703.14%
1995$419.673.70%
1996$433.033.18%
1997$447.093.25%
1998$452.931.30%
1999$458.131.15%
2000$473.283.31%
2001$487.983.11%
2002$494.991.44%
2003$509.322.89%
2004$522.982.68%
2005$547.544.70%
2006$574.744.97%
2007$598.154.07%
2008$626.904.81%
2009$624.40-0.40%
2010$629.440.81%
2011$650.853.40%
2012$663.581.96%
2013$671.831.24%
2014$685.992.11%
2015$692.780.99%
2016$704.791.73%
2017$723.602.67%
2018$748.053.38%
2019$761.161.75%
2020$768.170.92%
2021$799.734.11%
2022$875.559.48%
2023$945.568.00%
2024$973.322.94%*

* 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 Miami-Fort Lauderdale, Florida:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965344.800

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1979 * 1979 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 70.850 in the year 1979 and 344.800 in 2024:

344.800 / 70.850 * $200 = $973.32

Therefore, according to U.S. Bureau of Labor Statistics, $200 in 1979 has the same "purchasing power" as $973.32 in 2024 (in the CPI category of Miami-Fort Lauderdale, Florida).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Miami-Fort Lauderdale, Florida in 1977. In addition to miami-fort lauderdale, florida, 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.