Miami-Fort Lauderdale, Florida priced at $31,000,000,000 in 1990 $83,713,353,348.13 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($31,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 170.04% higher in 2024 versus 1990 (a $52,713,353,348.13 difference in value).

Between 1990 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.96% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $31,000,000,000 in the year 1990 would cost $83,713,353,348.13 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%).

View price changes for other categories
Hospital services · Milk · Dental services · Boston, Massachusetts · More

Buying power of $31,000,000,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $31,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$31,000,000,000.005.20%
1991$32,092,546,664.933.52%
1992$32,622,634,120.871.65%
1993$33,747,552,538.833.45%
1994$34,807,727,450.723.14%
1995$36,094,504,633.863.70%
1996$37,243,701,866.603.18%
1997$38,453,596,136.273.25%
1998$38,955,358,308.311.30%
1999$39,402,493,147.111.15%
2000$40,705,456,206.763.31%
2001$41,969,977,809.693.11%
2002$42,572,901,709.961.44%
2003$43,805,051,559.852.89%
2004$44,980,550,841.932.68%
2005$47,092,807,727.454.70%
2006$49,431,666,884.224.97%
2007$51,445,129,225.954.07%
2008$53,918,331,157.814.81%
2009$53,703,504,111.73-0.40%
2010$54,136,860,723.140.81%
2011$55,978,509,985.643.40%
2012$57,073,039,420.441.96%
2013$57,782,729,408.691.24%
2014$59,000,332,202.062.11%
2015$59,584,116,303.350.99%
2016$60,616,997,780.971.73%
2017$62,235,484,270.982.67%
2018$64,338,272,418.743.38%
2019$65,465,456,859.421.75%
2020$66,068,846,103.640.92%
2021$68,783,096,201.544.11%
2022$75,303,859,809.429.48%
2023$81,325,471,217.868.00%
2024$83,713,353,348.132.94%*

* 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 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 344.800 in 2024:

344.800 / 127.683 * $31,000,000,000 = $83,713,353,348.13

Therefore, according to U.S. Bureau of Labor Statistics, $31,000,000,000 in 1990 has the same "purchasing power" as $83,713,353,348.13 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.