According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 326.73% higher in 2024 versus 1980 (a $1,662,949,351,231.49 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 $508,963,286,286 in the year 1980 would cost $2,171,912,637,517.49 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.
Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $508,963,286,286 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1980 | $508,963,286,286.00 | 14.04% |
| 1981 | $566,914,551,556.19 | 11.39% |
| 1982 | $608,278,316,984.55 | 7.30% |
| 1983 | $627,910,357,936.59 | 3.23% |
| 1984 | $651,426,813,408.55 | 3.75% |
| 1985 | $669,799,044,246.01 | 2.82% |
| 1986 | $679,562,572,633.93 | 1.46% |
| 1987 | $703,393,980,634.53 | 3.51% |
| 1988 | $734,574,280,970.12 | 4.43% |
| 1989 | $764,494,771,191.14 | 4.07% |
| 1990 | $804,283,773,976.29 | 5.20% |
| 1991 | $832,629,501,554.10 | 3.52% |
| 1992 | $846,382,428,638.15 | 1.65% |
| 1993 | $875,568,029,625.67 | 3.45% |
| 1994 | $903,073,883,793.76 | 3.14% |
| 1995 | $936,458,851,829.85 | 3.70% |
| 1996 | $966,274,357,874.66 | 3.18% |
| 1997 | $997,664,626,562.68 | 3.25% |
| 1998 | $1,010,682,664,413.23 | 1.30% |
| 1999 | $1,022,283,415,884.89 | 1.15% |
| 2000 | $1,056,088,320,625.83 | 3.31% |
| 2001 | $1,088,895,875,692.74 | 3.11% |
| 2002 | $1,104,538,517,948.64 | 1.44% |
| 2003 | $1,136,506,199,605.84 | 2.89% |
| 2004 | $1,167,004,102,796.03 | 2.68% |
| 2005 | $1,221,805,842,779.80 | 4.70% |
| 2006 | $1,282,486,696,631.55 | 4.97% |
| 2007 | $1,334,725,247,953.05 | 4.07% |
| 2008 | $1,398,891,576,455.12 | 4.81% |
| 2009 | $1,393,317,966,539.91 | -0.40% |
| 2010 | $1,404,561,246,891.56 | 0.81% |
| 2011 | $1,452,342,170,091.00 | 3.40% |
| 2012 | $1,480,739,339,915.16 | 1.96% |
| 2013 | $1,499,151,989,660.47 | 1.24% |
| 2014 | $1,530,742,253,204.18 | 2.11% |
| 2015 | $1,545,888,320,306.59 | 0.99% |
| 2016 | $1,572,686,056,206.12 | 1.73% |
| 2017 | $1,614,677,102,087.36 | 2.67% |
| 2018 | $1,669,233,179,098.78 | 3.38% |
| 2019 | $1,698,477,571,224.98 | 1.75% |
| 2020 | $1,714,132,286,661.15 | 0.92% |
| 2021 | $1,784,552,522,540.29 | 4.11% |
| 2022 | $1,953,731,372,984.04 | 9.48% |
| 2023 | $2,109,959,900,370.90 | 8.00% |
| 2024 | $2,171,912,637,517.49 | 2.94%* |
* 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:
| Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 62.000 | 64.583 | 70.850 | 80.800 | 90.000 | 96.567 | 99.683 | 103.417 | 106.333 | 107.883 | 111.667 | 116.617 | 121.367 | 127.683 | 132.183 | 134.367 | 139.000 | 143.367 | 148.667 | 153.400 | 158.383 | 160.450 | 162.292 | 167.658 | 172.867 | 175.350 | 180.425 | 185.267 | 193.967 | 203.600 | 211.893 | 222.080 | 221.195 | 222.980 | 230.565 | 235.073 | 237.996 | 243.012 | 245.416 | 249.670 | 256.337 | 264.998 | 269.640 | 272.125 | 283.305 | 310.163 | 334.965 | 344.800 |