Miami-Fort Lauderdale, Florida priced at $47,707,045 in 1985 $153,801,381.45 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($47,707,045)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 222.39% higher in 2024 versus 1985 (a $106,094,336.45 difference in value).

Between 1985 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.05% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $47,707,045 in the year 1985 would cost $153,801,381.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% 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
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Buying power of $47,707,045.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $47,707,045 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$47,707,045.002.82%
1986$48,402,461.171.46%
1987$50,099,874.843.51%
1988$52,320,720.044.43%
1989$54,451,834.124.07%
1990$57,285,841.975.20%
1991$59,304,792.153.52%
1992$60,284,356.861.65%
1993$62,363,127.793.45%
1994$64,322,257.223.14%
1995$66,700,131.883.70%
1996$68,823,768.373.18%
1997$71,059,568.753.25%
1998$71,986,790.321.30%
1999$72,813,064.371.15%
2000$75,220,849.403.31%
2001$77,557,597.293.11%
2002$78,671,758.691.44%
2003$80,948,685.842.89%
2004$83,120,926.682.68%
2005$87,024,230.364.70%
2006$91,346,279.274.97%
2007$95,067,017.514.07%
2008$99,637,322.514.81%
2009$99,240,337.08-0.40%
2010$100,041,149.930.81%
2011$103,444,389.573.40%
2012$105,467,003.771.96%
2013$106,778,461.461.24%
2014$109,028,506.662.11%
2015$110,107,299.040.99%
2016$112,015,992.111.73%
2017$115,006,842.472.67%
2018$118,892,648.593.38%
2019$120,975,606.961.75%
2020$122,090,628.280.92%
2021$127,106,373.514.11%
2022$139,156,290.739.48%
2023$150,283,809.428.00%
2024$153,801,381.452.34%*

* 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 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 342.805 in 2024:

342.805 / 106.333 * $47,707,045 = $153,801,381.45

Therefore, according to U.S. Bureau of Labor Statistics, $47,707,045 in 1985 has the same "purchasing power" as $153,801,381.45 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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