Miami-Fort Lauderdale, Florida priced at $78,657 in 1980 $333,713.03 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($78,657)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $255,056.03 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 $78,657 in the year 1980 would cost $333,713.03 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%).

View price changes for other categories
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Buying power of $78,657.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $78,657 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$78,657.0014.04%
1981$87,613.0011.39%
1982$94,005.507.30%
1983$97,039.503.23%
1984$100,673.823.75%
1985$103,513.132.82%
1986$105,022.021.46%
1987$108,705.013.51%
1988$113,523.734.43%
1989$118,147.754.07%
1990$124,296.885.20%
1991$128,677.533.52%
1992$130,802.961.65%
1993$135,313.403.45%
1994$139,564.263.14%
1995$144,723.693.70%
1996$149,331.483.18%
1997$154,182.653.25%
1998$156,194.501.30%
1999$157,987.321.15%
2000$163,211.653.31%
2001$168,281.853.11%
2002$170,699.321.44%
2003$175,639.722.89%
2004$180,352.972.68%
2005$188,822.234.70%
2006$198,200.064.97%
2007$206,273.204.07%
2008$216,189.694.81%
2009$215,328.32-0.40%
2010$217,065.900.81%
2011$224,450.133.40%
2012$228,838.731.96%
2013$231,684.291.24%
2014$236,566.362.11%
2015$238,907.090.99%
2016$243,048.511.73%
2017$249,537.952.67%
2018$257,969.243.38%
2019$262,488.781.75%
2020$264,908.110.92%
2021$275,791.114.11%
2022$301,936.619.48%
2023$326,080.728.00%
2024$333,713.032.34%*

* 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 * $78,657 = $333,713.03

Therefore, according to U.S. Bureau of Labor Statistics, $78,657 in 1980 has the same "purchasing power" as $333,713.03 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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