Miami-Fort Lauderdale, Florida priced at $104,000,000,000 in 2005 $142,084,973,363.12 in 2018

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 2005-2018 ($104,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida were 36.62% higher in 2018 versus 2005 (a $38,084,973,363.12 difference in value).

Between 2005 and 2018: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.43% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $104,000,000,000 in the year 2005 would cost $142,084,973,363.12 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.95% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2005: Pricing changed by 4.70%, which is above the average yearly change for miami-fort lauderdale, florida during the 2005-2018 time period. Compared to inflation for all items in 2005 (3.39%), 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%).

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Buying power of $104,000,000,000.00 since 2005

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $104,000,000,000 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2005$104,000,000,000.004.70%
2006$109,165,148,650.974.97%
2007$113,611,689,293.694.07%
2008$119,073,521,223.584.81%
2009$118,599,096,064.62-0.40%
2010$119,556,123,045.200.81%
2011$123,623,230,795.673.40%
2012$126,040,395,256.921.96%
2013$127,607,678,295.241.24%
2014$130,296,638,597.702.11%
2015$131,585,870,424.470.99%
2016$133,866,891,218.421.73%
2017$137,441,165,148.652.67%
2018$142,084,973,363.123.38%
2019$144,574,253,308.131.75%
2020$145,906,781,233.890.92%
2021$151,900,945,179.584.11%
2022$166,301,433,235.959.48%
2023$179,599,590,995.028.00%
2024$183,803,333,906.172.34%*

* 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 2018 / CPI in 2005 * 2005 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 193.967 in the year 2005 and 264.998 in 2018:

264.998 / 193.967 * $104,000,000,000 = $142,084,973,363.12

Therefore, according to U.S. Bureau of Labor Statistics, $104,000,000,000 in 2005 has the same "purchasing power" as $142,084,973,363.12 in 2018 (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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