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.
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:
Year | USD Value | Inflation Rate |
---|---|---|
1980 | $78,657.00 | 14.04% |
1981 | $87,613.00 | 11.39% |
1982 | $94,005.50 | 7.30% |
1983 | $97,039.50 | 3.23% |
1984 | $100,673.82 | 3.75% |
1985 | $103,513.13 | 2.82% |
1986 | $105,022.02 | 1.46% |
1987 | $108,705.01 | 3.51% |
1988 | $113,523.73 | 4.43% |
1989 | $118,147.75 | 4.07% |
1990 | $124,296.88 | 5.20% |
1991 | $128,677.53 | 3.52% |
1992 | $130,802.96 | 1.65% |
1993 | $135,313.40 | 3.45% |
1994 | $139,564.26 | 3.14% |
1995 | $144,723.69 | 3.70% |
1996 | $149,331.48 | 3.18% |
1997 | $154,182.65 | 3.25% |
1998 | $156,194.50 | 1.30% |
1999 | $157,987.32 | 1.15% |
2000 | $163,211.65 | 3.31% |
2001 | $168,281.85 | 3.11% |
2002 | $170,699.32 | 1.44% |
2003 | $175,639.72 | 2.89% |
2004 | $180,352.97 | 2.68% |
2005 | $188,822.23 | 4.70% |
2006 | $198,200.06 | 4.97% |
2007 | $206,273.20 | 4.07% |
2008 | $216,189.69 | 4.81% |
2009 | $215,328.32 | -0.40% |
2010 | $217,065.90 | 0.81% |
2011 | $224,450.13 | 3.40% |
2012 | $228,838.73 | 1.96% |
2013 | $231,684.29 | 1.24% |
2014 | $236,566.36 | 2.11% |
2015 | $238,907.09 | 0.99% |
2016 | $243,048.51 | 1.73% |
2017 | $249,537.95 | 2.67% |
2018 | $257,969.24 | 3.38% |
2019 | $262,488.78 | 1.75% |
2020 | $264,908.11 | 0.92% |
2021 | $275,791.11 | 4.11% |
2022 | $301,936.61 | 9.48% |
2023 | $326,080.72 | 8.00% |
2024 | $333,713.03 | 2.34%* |
* 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:
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 | 342.805 |