Miami-Fort Lauderdale, Florida priced at $3,000,000,000 in 1990 $8,054,418,483.23 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($3,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 168.48% higher in 2024 versus 1990 (a $5,054,418,483.23 difference in value).

Between 1990 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.95% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $3,000,000,000 in the year 1990 would cost $8,054,418,483.23 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.58% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1990: Pricing changed by 5.20%, which is above the average yearly change for miami-fort lauderdale, florida during the 1990-2024 time period. Compared to inflation for all items in 1990 (5.40%), 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 $3,000,000,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $3,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$3,000,000,000.005.20%
1991$3,105,730,322.413.52%
1992$3,157,029,108.471.65%
1993$3,265,892,181.183.45%
1994$3,368,489,753.303.14%
1995$3,493,016,577.473.70%
1996$3,604,229,212.903.18%
1997$3,721,315,755.123.25%
1998$3,769,873,384.681.30%
1999$3,813,144,498.111.15%
2000$3,939,237,697.433.31%
2001$4,061,610,755.783.11%
2002$4,119,958,230.001.44%
2003$4,239,198,538.052.89%
2004$4,352,956,533.092.68%
2005$4,557,368,489.754.70%
2006$4,783,709,698.474.97%
2007$4,978,560,892.834.07%
2008$5,217,903,015.274.81%
2009$5,197,113,301.14-0.40%
2010$5,239,051,037.720.81%
2011$5,417,275,159.903.40%
2012$5,523,197,363.271.96%
2013$5,591,877,039.551.24%
2014$5,709,709,567.942.11%
2015$5,766,204,803.550.99%
2016$5,866,161,075.581.73%
2017$6,022,788,800.422.67%
2018$6,226,284,427.623.38%
2019$6,335,366,792.851.75%
2020$6,393,759,300.350.92%
2021$6,656,428,664.674.11%
2022$7,287,470,304.149.48%
2023$7,870,206,892.058.00%
2024$8,054,418,483.232.34%*

* 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 1990 * 1990 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 127.683 in the year 1990 and 342.805 in 2024:

342.805 / 127.683 * $3,000,000,000 = $8,054,418,483.23

Therefore, according to U.S. Bureau of Labor Statistics, $3,000,000,000 in 1990 has the same "purchasing power" as $8,054,418,483.23 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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