Miami-Fort Lauderdale, Florida priced at $0.30 in 1985 $0.98 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($0.30)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 225.59% higher in 2024 versus 1985 (a $0.68 difference in value).

Between 1985 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.07% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $0.30 in the year 1985 would cost $0.98 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1985: Pricing changed by 2.82%, which is below the average yearly change for miami-fort lauderdale, florida during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), inflation for miami-fort lauderdale, florida was lower.

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
Indoor plants and flowers · Fresh fruits · Detroit, Michigan · Public transportation · More

Buying power of $0.30 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $0.30 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$0.302.82%
1986$0.301.46%
1987$0.323.51%
1988$0.334.43%
1989$0.344.07%
1990$0.365.20%
1991$0.373.52%
1992$0.381.65%
1993$0.393.45%
1994$0.403.14%
1995$0.423.70%
1996$0.433.18%
1997$0.453.25%
1998$0.451.30%
1999$0.461.15%
2000$0.473.31%
2001$0.493.11%
2002$0.491.44%
2003$0.512.89%
2004$0.522.68%
2005$0.554.70%
2006$0.574.97%
2007$0.604.07%
2008$0.634.81%
2009$0.62-0.40%
2010$0.630.81%
2011$0.653.40%
2012$0.661.96%
2013$0.671.24%
2014$0.692.11%
2015$0.690.99%
2016$0.701.73%
2017$0.722.67%
2018$0.753.38%
2019$0.761.75%
2020$0.770.92%
2021$0.804.11%
2022$0.889.48%
2023$0.958.00%
2024$0.983.36%*

* 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 1985 * 1985 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 106.333 in the year 1985 and 346.213 in 2024:

346.213 / 106.333 * $0.30 = $0.98

Therefore, according to U.S. Bureau of Labor Statistics, $0.30 in 1985 has the same "purchasing power" as $0.98 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.

» Read more about inflation and investment.