Miami-Fort Lauderdale, Florida priced at $780 in 1985 $2,529.25 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($780)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 224.26% higher in 2024 versus 1985 (a $1,749.25 difference in value).

Between 1985 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.06% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $780 in the year 1985 would cost $2,529.25 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.76% 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%).

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Buying power of $780.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $780 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$780.002.82%
1986$791.371.46%
1987$819.123.51%
1988$855.434.43%
1989$890.284.07%
1990$936.615.20%
1991$969.623.52%
1992$985.641.65%
1993$1,019.623.45%
1994$1,051.663.14%
1995$1,090.533.70%
1996$1,125.253.18%
1997$1,161.813.25%
1998$1,176.971.30%
1999$1,190.481.15%
2000$1,229.843.31%
2001$1,268.053.11%
2002$1,286.271.44%
2003$1,323.492.89%
2004$1,359.012.68%
2005$1,422.834.70%
2006$1,493.494.97%
2007$1,554.334.07%
2008$1,629.054.81%
2009$1,622.56-0.40%
2010$1,635.650.81%
2011$1,691.293.40%
2012$1,724.361.96%
2013$1,745.811.24%
2014$1,782.592.11%
2015$1,800.230.99%
2016$1,831.441.73%
2017$1,880.342.67%
2018$1,943.873.38%
2019$1,977.931.75%
2020$1,996.160.92%
2021$2,078.164.11%
2022$2,275.189.48%
2023$2,457.118.00%
2024$2,529.252.94%*

* 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 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 344.800 in 2024:

344.800 / 106.333 * $780 = $2,529.25

Therefore, according to U.S. Bureau of Labor Statistics, $780 in 1985 has the same "purchasing power" as $2,529.25 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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