According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 222.39% higher in 2024 versus 1985 (a $1,131,868,933,356.06 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 $508,963,286,286 in the year 1985 would cost $1,640,832,219,642.06 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.
Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $508,963,286,286 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1985 | $508,963,286,286.00 | 2.82% |
1986 | $516,382,343,593.93 | 1.46% |
1987 | $534,491,225,410.06 | 3.51% |
1988 | $558,184,343,909.58 | 4.43% |
1989 | $580,920,164,691.95 | 4.07% |
1990 | $611,154,817,592.01 | 5.20% |
1991 | $632,694,016,227.94 | 3.52% |
1992 | $643,144,516,306.85 | 1.65% |
1993 | $665,321,913,420.88 | 3.45% |
1994 | $686,222,913,578.71 | 3.14% |
1995 | $711,591,303,083.25 | 3.70% |
1996 | $734,247,349,055.85 | 3.18% |
1997 | $758,100,017,174.90 | 3.25% |
1998 | $767,992,093,585.47 | 1.30% |
1999 | $776,807,210,064.25 | 1.15% |
2000 | $802,494,698,807.84 | 3.31% |
2001 | $827,424,326,858.68 | 3.11% |
2002 | $839,310,773,513.32 | 1.44% |
2003 | $863,602,203,086.06 | 2.89% |
2004 | $886,776,785,322.13 | 2.68% |
2005 | $928,419,236,018.26 | 4.70% |
2006 | $974,529,076,061.09 | 4.97% |
2007 | $1,014,223,824,776.86 | 4.07% |
2008 | $1,062,982,188,503.82 | 4.81% |
2009 | $1,058,746,943,853.52 | -0.40% |
2010 | $1,067,290,427,105.06 | 0.81% |
2011 | $1,103,597,937,398.31 | 3.40% |
2012 | $1,125,176,225,691.02 | 1.96% |
2013 | $1,139,167,530,701.25 | 1.24% |
2014 | $1,163,172,169,832.89 | 2.11% |
2015 | $1,174,681,281,637.36 | 0.99% |
2016 | $1,195,044,200,703.33 | 1.73% |
2017 | $1,226,952,130,238.17 | 2.67% |
2018 | $1,268,407,907,879.45 | 3.38% |
2019 | $1,290,629,978,886.95 | 1.75% |
2020 | $1,302,525,599,644.71 | 0.92% |
2021 | $1,356,036,148,789.23 | 4.11% |
2022 | $1,484,590,861,477.53 | 9.48% |
2023 | $1,603,304,952,507.54 | 8.00% |
2024 | $1,640,832,219,642.06 | 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 |