Miami-Fort Lauderdale, Florida priced at $750,000 in 1980 $3,213,614.25 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($750,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 328.48% higher in 2024 versus 1980 (a $2,463,614.25 difference in value).

Between 1980 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.36% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $750,000 in the year 1980 would cost $3,213,614.25 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.08% 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%).

View price changes for other categories
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Buying power of $750,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $750,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$750,000.0014.04%
1981$835,396.0411.39%
1982$896,349.017.30%
1983$925,278.473.23%
1984$959,931.933.75%
1985$987,004.952.82%
1986$1,001,392.331.46%
1987$1,036,509.903.51%
1988$1,082,456.684.43%
1989$1,126,547.034.07%
1990$1,185,179.465.20%
1991$1,226,949.263.52%
1992$1,247,215.351.65%
1993$1,290,222.773.45%
1994$1,330,754.953.14%
1995$1,379,950.503.70%
1996$1,423,886.143.18%
1997$1,470,142.333.25%
1998$1,489,325.501.30%
1999$1,506,420.171.15%
2000$1,556,234.533.31%
2001$1,604,579.213.11%
2002$1,627,629.951.44%
2003$1,674,737.002.89%
2004$1,719,678.222.68%
2005$1,800,433.174.70%
2006$1,889,851.494.97%
2007$1,966,829.364.07%
2008$2,061,383.824.81%
2009$2,053,170.64-0.40%
2010$2,069,738.550.81%
2011$2,140,147.743.40%
2012$2,181,993.351.96%
2013$2,209,125.931.24%
2014$2,255,676.832.11%
2015$2,277,995.820.99%
2016$2,317,484.531.73%
2017$2,379,361.852.67%
2018$2,459,754.803.38%
2019$2,502,848.861.75%
2020$2,525,917.390.92%
2021$2,629,687.504.11%
2022$2,878,986.709.48%
2023$3,109,202.518.00%
2024$3,213,614.253.36%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965346.213

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 346.213 in 2024:

346.213 / 80.800 * $750,000 = $3,213,614.25

Therefore, according to U.S. Bureau of Labor Statistics, $750,000 in 1980 has the same "purchasing power" as $3,213,614.25 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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