Miami-Fort Lauderdale, Florida priced at $4,300 in 1980 $18,349.50 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($4,300)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 326.73% higher in 2024 versus 1980 (a $14,049.50 difference in value).

Between 1980 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.35% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $4,300 in the year 1980 would cost $18,349.50 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.07% 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 $4,300.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $4,300 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$4,300.0014.04%
1981$4,789.6011.39%
1982$5,139.077.30%
1983$5,304.933.23%
1984$5,503.613.75%
1985$5,658.832.82%
1986$5,741.321.46%
1987$5,942.663.51%
1988$6,206.084.43%
1989$6,458.874.07%
1990$6,795.035.20%
1991$7,034.513.52%
1992$7,150.701.65%
1993$7,397.283.45%
1994$7,629.663.14%
1995$7,911.723.70%
1996$8,163.613.18%
1997$8,428.823.25%
1998$8,538.801.30%
1999$8,636.811.15%
2000$8,922.413.31%
2001$9,199.593.11%
2002$9,331.751.44%
2003$9,601.832.89%
2004$9,859.492.68%
2005$10,322.484.70%
2006$10,835.154.97%
2007$11,276.494.07%
2008$11,818.604.81%
2009$11,771.51-0.40%
2010$11,866.500.81%
2011$12,270.183.40%
2012$12,510.101.96%
2013$12,665.661.24%
2014$12,932.552.11%
2015$13,060.510.99%
2016$13,286.911.73%
2017$13,641.672.67%
2018$14,102.593.38%
2019$14,349.671.75%
2020$14,481.930.92%
2021$15,076.884.11%
2022$16,506.199.48%
2023$17,826.098.00%
2024$18,349.502.94%*

* 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 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 344.800 in 2024:

344.800 / 80.800 * $4,300 = $18,349.50

Therefore, according to U.S. Bureau of Labor Statistics, $4,300 in 1980 has the same "purchasing power" as $18,349.50 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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