Miami-Fort Lauderdale, Florida priced at $30,800,000 in 1995 $71,020,587.44 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1995-2024 ($30,800,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 130.59% higher in 2024 versus 1995 (a $40,220,587.44 difference in value).

Between 1995 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.92% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $30,800,000 in the year 1995 would cost $71,020,587.44 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1995: Pricing changed by 3.70%, which is above the average yearly change for miami-fort lauderdale, florida during the 1995-2024 time period. Compared to inflation for all items in 1995 (2.81%), inflation for miami-fort lauderdale, florida was higher.

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
Parking fees and tolls · Frankfurters · Women's apparel · Public transportation · More

Buying power of $30,800,000.00 since 1995

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $30,800,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$30,800,000.003.70%
1996$31,780,627.803.18%
1997$32,813,049.333.25%
1998$33,241,210.761.30%
1999$33,622,757.851.15%
2000$34,734,596.413.31%
2001$35,813,632.293.11%
2002$36,328,116.591.44%
2003$37,379,529.152.89%
2004$38,382,600.902.68%
2005$40,185,022.424.70%
2006$42,180,807.174.97%
2007$43,898,925.784.07%
2008$46,009,347.314.81%
2009$45,826,032.06-0.40%
2010$46,195,821.970.81%
2011$47,767,329.823.40%
2012$48,701,308.741.96%
2013$49,306,898.211.24%
2014$50,345,897.532.11%
2015$50,844,049.550.99%
2016$51,725,423.321.73%
2017$53,106,502.912.67%
2018$54,900,844.623.38%
2019$55,862,688.571.75%
2020$56,377,569.960.92%
2021$58,693,681.614.11%
2022$64,257,950.229.48%
2023$69,396,284.538.00%
2024$71,020,587.442.34%*

* 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 1995 * 1995 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 148.667 in the year 1995 and 342.805 in 2024:

342.805 / 148.667 * $30,800,000 = $71,020,587.44

Therefore, according to U.S. Bureau of Labor Statistics, $30,800,000 in 1995 has the same "purchasing power" as $71,020,587.44 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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