Miami-Fort Lauderdale, Florida priced at $9,800 in 1980 $41,819.80 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($9,800)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 326.73% higher in 2024 versus 1980 (a $32,019.80 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 $9,800 in the year 1980 would cost $41,819.80 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.

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 $9,800.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $9,800 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$9,800.0014.04%
1981$10,915.8411.39%
1982$11,712.297.30%
1983$12,090.313.23%
1984$12,543.113.75%
1985$12,896.862.82%
1986$13,084.861.46%
1987$13,543.733.51%
1988$14,144.104.43%
1989$14,720.214.07%
1990$15,486.345.20%
1991$16,032.143.52%
1992$16,296.951.65%
1993$16,858.913.45%
1994$17,388.533.14%
1995$18,031.353.70%
1996$18,605.453.18%
1997$19,209.863.25%
1998$19,460.521.30%
1999$19,683.891.15%
2000$20,334.803.31%
2001$20,966.503.11%
2002$21,267.701.44%
2003$21,883.232.89%
2004$22,470.462.68%
2005$23,525.664.70%
2006$24,694.064.97%
2007$25,699.904.07%
2008$26,935.424.81%
2009$26,828.10-0.40%
2010$27,044.580.81%
2011$27,964.603.40%
2012$28,511.381.96%
2013$28,865.911.24%
2014$29,474.182.11%
2015$29,765.810.99%
2016$30,281.801.73%
2017$31,090.332.67%
2018$32,140.803.38%
2019$32,703.891.75%
2020$33,005.320.92%
2021$34,361.254.11%
2022$37,618.769.48%
2023$40,626.918.00%
2024$41,819.802.94%*

* 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:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965344.800

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 344.800 in 2024:

344.800 / 80.800 * $9,800 = $41,819.80

Therefore, according to U.S. Bureau of Labor Statistics, $9,800 in 1980 has the same "purchasing power" as $41,819.80 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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