Miami-Fort Lauderdale, Florida priced at $63,000,000,000 in 1980 $267,286,076,732.67 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($63,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $204,286,076,732.67 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 $63,000,000,000 in the year 1980 would cost $267,286,076,732.67 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.05% 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 $63,000,000,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $63,000,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$63,000,000,000.0014.04%
1981$70,173,267,326.7311.39%
1982$75,293,316,831.687.30%
1983$77,723,391,089.113.23%
1984$80,634,282,178.223.75%
1985$82,908,415,841.582.82%
1986$84,116,955,445.541.46%
1987$87,066,831,683.173.51%
1988$90,926,361,386.144.43%
1989$94,629,950,495.054.07%
1990$99,555,074,257.435.20%
1991$103,063,737,623.763.52%
1992$104,766,089,108.911.65%
1993$108,378,712,871.293.45%
1994$111,783,415,841.583.14%
1995$115,915,841,584.163.70%
1996$119,606,435,643.563.18%
1997$123,491,955,445.543.25%
1998$125,103,341,584.161.30%
1999$126,539,294,554.461.15%
2000$130,723,700,495.053.31%
2001$134,784,653,465.353.11%
2002$136,720,915,841.581.44%
2003$140,677,908,415.842.89%
2004$144,452,970,297.032.68%
2005$151,236,386,138.614.70%
2006$158,747,524,752.484.97%
2007$165,213,666,460.404.07%
2008$173,156,240,717.824.81%
2009$172,466,333,539.60-0.40%
2010$173,858,038,366.340.81%
2011$179,772,410,272.283.40%
2012$183,287,441,212.871.96%
2013$185,566,577,970.301.24%
2014$189,476,853,341.582.11%
2015$191,351,649,133.660.99%
2016$194,668,700,495.051.73%
2017$199,866,395,420.792.67%
2018$206,619,402,846.533.38%
2019$210,239,303,836.631.75%
2020$212,177,060,643.560.92%
2021$220,893,750,000.004.11%
2022$241,834,882,425.749.48%
2023$261,173,010,519.808.00%
2024$267,286,076,732.672.34%*

* 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 * $63,000,000,000 = $267,286,076,732.67

Therefore, according to U.S. Bureau of Labor Statistics, $63,000,000,000 in 1980 has the same "purchasing power" as $267,286,076,732.67 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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