Miami-Fort Lauderdale, Florida priced at $2,300,000,000,000 in 2001 $4,561,038,372,541.46 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 2001-2024 ($2,300,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 98.31% higher in 2024 versus 2001 (a $2,261,038,372,541.46 difference in value).

Between 2001 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.02% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $2,300,000,000,000 in the year 2001 would cost $4,561,038,372,541.46 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2001: Pricing changed by 3.11%, which is above the average yearly change for miami-fort lauderdale, florida during the 2001-2024 time period. Compared to inflation for all items in 2001 (2.83%), 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
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Buying power of $2,300,000,000,000.00 since 2001

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $2,300,000,000,000 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2001$2,300,000,000,000.003.11%
2002$2,333,040,879,290.401.44%
2003$2,400,564,018,511.382.89%
2004$2,464,982,645,584.272.68%
2005$2,580,736,598,534.524.70%
2006$2,708,908,600,077.134.97%
2007$2,819,248,505,591.984.07%
2008$2,954,782,635,942.924.81%
2009$2,943,009,882,375.63-0.40%
2010$2,966,758,291,554.180.81%
2011$3,067,682,655,225.613.40%
2012$3,127,664,047,435.401.96%
2013$3,166,555,823,370.611.24%
2014$3,233,281,768,222.142.11%
2015$3,265,273,765,908.210.99%
2016$3,321,876,783,648.281.73%
2017$3,410,571,586,964.912.67%
2018$3,525,806,642,884.693.38%
2019$3,587,577,564,596.991.75%
2020$3,620,643,945,237.180.92%
2021$3,769,387,774,778.254.11%
2022$4,126,732,645,584.279.48%
2023$4,456,723,438,102.588.00%
2024$4,561,038,372,541.462.34%*

* 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 2001 * 2001 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 172.867 in the year 2001 and 342.805 in 2024:

342.805 / 172.867 * $2,300,000,000,000 = $4,561,038,372,541.46

Therefore, according to U.S. Bureau of Labor Statistics, $2,300,000,000,000 in 2001 has the same "purchasing power" as $4,561,038,372,541.46 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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