Miami-Fort Lauderdale, Florida priced at $25,400,000,000 in 1980 $107,762,957,920.79 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($25,400,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $82,362,957,920.79 difference in value).

Between 1980 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.34% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $25,400,000,000 in the year 1980 would cost $107,762,957,920.79 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.06% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1980: Pricing changed by 14.04%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1980-2024 time period. Compared to inflation for all items in 1980 (13.55%), inflation for miami-fort lauderdale, florida was higher.

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%).

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Buying power of $25,400,000,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $25,400,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$25,400,000,000.0014.04%
1981$28,292,079,207.9211.39%
1982$30,356,353,135.317.30%
1983$31,336,097,359.743.23%
1984$32,509,694,719.473.75%
1985$33,426,567,656.772.82%
1986$33,913,820,132.011.46%
1987$35,103,135,313.533.51%
1988$36,659,199,669.974.43%
1989$38,152,392,739.274.07%
1990$40,138,077,557.765.20%
1991$41,552,681,518.153.52%
1992$42,239,026,402.641.65%
1993$43,695,544,554.463.45%
1994$45,068,234,323.433.14%
1995$46,734,323,432.343.70%
1996$48,222,277,227.723.18%
1997$49,788,820,132.013.25%
1998$50,438,490,099.011.30%
1999$51,017,429,867.991.15%
2000$52,704,476,072.613.31%
2001$54,341,749,174.923.11%
2002$55,122,400,990.101.44%
2003$56,717,759,900.992.89%
2004$58,239,768,976.902.68%
2005$60,974,669,967.004.70%
2006$64,002,970,297.034.97%
2007$66,609,954,414.194.07%
2008$69,812,198,638.614.81%
2009$69,534,045,585.81-0.40%
2010$70,095,145,627.060.81%
2011$72,479,670,173.273.40%
2012$73,896,841,377.891.96%
2013$74,815,731,435.641.24%
2014$76,392,255,156.772.11%
2015$77,148,125,206.270.99%
2016$78,485,476,072.611.73%
2017$80,581,054,661.722.67%
2018$83,303,695,750.833.38%
2019$84,763,147,896.041.75%
2020$85,544,402,227.720.92%
2021$89,058,750,000.004.11%
2022$97,501,682,755.789.48%
2023$105,298,324,876.248.00%
2024$107,762,957,920.792.34%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965342.805

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1980 * 1980 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 80.800 in the year 1980 and 342.805 in 2024:

342.805 / 80.800 * $25,400,000,000 = $107,762,957,920.79

Therefore, according to U.S. Bureau of Labor Statistics, $25,400,000,000 in 1980 has the same "purchasing power" as $107,762,957,920.79 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.

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