Miami-Fort Lauderdale, Florida priced at $520 in 1982 $1,856.71 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1982-2024 ($520)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 257.06% higher in 2024 versus 1982 (a $1,336.71 difference in value).

Between 1982 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.08% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $520 in the year 1982 would cost $1,856.71 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1982: Pricing changed by 7.30%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1982-2024 time period. Compared to inflation for all items in 1982 (6.13%), 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 $520.00 since 1982

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $520 beginning in 1982. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1982$520.007.30%
1983$536.783.23%
1984$556.893.75%
1985$572.592.82%
1986$580.941.46%
1987$601.313.51%
1988$627.974.43%
1989$653.554.07%
1990$687.565.20%
1991$711.793.52%
1992$723.551.65%
1993$748.503.45%
1994$772.013.14%
1995$800.553.70%
1996$826.043.18%
1997$852.883.25%
1998$864.001.30%
1999$873.921.15%
2000$902.823.31%
2001$930.873.11%
2002$944.241.44%
2003$971.572.89%
2004$997.642.68%
2005$1,044.494.70%
2006$1,096.364.97%
2007$1,141.024.07%
2008$1,195.874.81%
2009$1,191.11-0.40%
2010$1,200.720.81%
2011$1,241.573.40%
2012$1,265.841.96%
2013$1,281.581.24%
2014$1,308.592.11%
2015$1,321.540.99%
2016$1,344.451.73%
2017$1,380.342.67%
2018$1,426.983.38%
2019$1,451.981.75%
2020$1,465.360.92%
2021$1,525.564.11%
2022$1,670.199.48%
2023$1,803.758.00%
2024$1,856.712.94%*

* 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 1982 * 1982 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 96.567 in the year 1982 and 344.800 in 2024:

344.800 / 96.567 * $520 = $1,856.71

Therefore, according to U.S. Bureau of Labor Statistics, $520 in 1982 has the same "purchasing power" as $1,856.71 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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