Miami-Fort Lauderdale, Florida priced at $1 in 1991 $2.59 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1991-2024 ($1)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 159.34% higher in 2024 versus 1991 (a $1.59 difference in value).

Between 1991 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.93% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $1 in the year 1991 would cost $2.59 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1991: Pricing changed by 3.52%, which is above the average yearly change for miami-fort lauderdale, florida during the 1991-2024 time period. Compared to inflation for all items in 1991 (4.23%), 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
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Buying power of $1.00 since 1991

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$1.003.52%
1992$1.021.65%
1993$1.053.45%
1994$1.083.14%
1995$1.123.70%
1996$1.163.18%
1997$1.203.25%
1998$1.211.30%
1999$1.231.15%
2000$1.273.31%
2001$1.313.11%
2002$1.331.44%
2003$1.362.89%
2004$1.402.68%
2005$1.474.70%
2006$1.544.97%
2007$1.604.07%
2008$1.684.81%
2009$1.67-0.40%
2010$1.690.81%
2011$1.743.40%
2012$1.781.96%
2013$1.801.24%
2014$1.842.11%
2015$1.860.99%
2016$1.891.73%
2017$1.942.67%
2018$2.003.38%
2019$2.041.75%
2020$2.060.92%
2021$2.144.11%
2022$2.359.48%
2023$2.538.00%
2024$2.592.34%*

* 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 1991 * 1991 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 132.183 in the year 1991 and 342.805 in 2024:

342.805 / 132.183 * $1 = $2.59

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1991 has the same "purchasing power" as $2.59 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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