According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 170.04% higher in 2024 versus 1990 (a $81,620,676.15 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 $48,000,000 in the year 1990 would cost $129,620,676.15 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.
Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $48,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1990 | $48,000,000.00 | 5.20% |
1991 | $49,691,685.16 | 3.52% |
1992 | $50,512,465.74 | 1.65% |
1993 | $52,254,274.90 | 3.45% |
1994 | $53,895,836.05 | 3.14% |
1995 | $55,888,265.24 | 3.70% |
1996 | $57,667,667.41 | 3.18% |
1997 | $59,541,052.08 | 3.25% |
1998 | $60,317,974.15 | 1.30% |
1999 | $61,010,311.97 | 1.15% |
2000 | $63,027,803.16 | 3.31% |
2001 | $64,985,772.09 | 3.11% |
2002 | $65,919,331.68 | 1.44% |
2003 | $67,827,176.61 | 2.89% |
2004 | $69,647,304.53 | 2.68% |
2005 | $72,917,895.84 | 4.70% |
2006 | $76,539,355.18 | 4.97% |
2007 | $79,656,974.29 | 4.07% |
2008 | $83,486,448.24 | 4.81% |
2009 | $83,153,812.82 | -0.40% |
2010 | $83,824,816.60 | 0.81% |
2011 | $86,676,402.56 | 3.40% |
2012 | $88,371,157.81 | 1.96% |
2013 | $89,470,032.63 | 1.24% |
2014 | $91,355,353.09 | 2.11% |
2015 | $92,259,276.86 | 0.99% |
2016 | $93,858,577.21 | 1.73% |
2017 | $96,364,620.81 | 2.67% |
2018 | $99,620,550.84 | 3.38% |
2019 | $101,365,868.69 | 1.75% |
2020 | $102,300,148.81 | 0.92% |
2021 | $106,502,858.63 | 4.11% |
2022 | $116,599,524.87 | 9.48% |
2023 | $125,923,310.27 | 8.00% |
2024 | $129,620,676.15 | 2.94%* |
* 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:
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 | 344.800 |