Miami-Fort Lauderdale, Florida priced at $2.65 in 1978 $12.51 in 2022

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1978-2022 ($2.65)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 371.98% higher in 2022 versus 1978 (a $9.86 difference in value).

Between 1978 and 2022: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.59% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $2.65 in the year 1978 would cost $12.51 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.44% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1978: Pricing changed by 4.17%, which is above the average yearly change for miami-fort lauderdale, florida during the 1978-2022 time period. Compared to inflation for all items in 1978 (7.63%), inflation for miami-fort lauderdale, florida was much 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%).

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Buying power of $2.65 since 1978

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $2.65 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$2.654.17%
1979$2.919.70%
1980$3.3214.04%
1981$3.6911.39%
1982$3.967.30%
1983$4.093.23%
1984$4.243.75%
1985$4.362.82%
1986$4.431.46%
1987$4.583.51%
1988$4.794.43%
1989$4.984.07%
1990$5.245.20%
1991$5.423.52%
1992$5.511.65%
1993$5.703.45%
1994$5.883.14%
1995$6.103.70%
1996$6.293.18%
1997$6.503.25%
1998$6.581.30%
1999$6.661.15%
2000$6.883.31%
2001$7.093.11%
2002$7.201.44%
2003$7.402.89%
2004$7.602.68%
2005$7.964.70%
2006$8.354.97%
2007$8.694.07%
2008$9.114.81%
2009$9.08-0.40%
2010$9.150.81%
2011$9.463.40%
2012$9.651.96%
2013$9.771.24%
2014$9.972.11%
2015$10.070.99%
2016$10.241.73%
2017$10.522.67%
2018$10.873.38%
2019$11.061.75%
2020$11.170.92%
2021$11.624.11%
2022$12.517.60%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Miami-Fort Lauderdale, Florida:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.997243.012245.416249.670256.337264.998269.640272.125283.305304.823

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1978 * 1978 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 64.583 in the year 1978 and 304.823 in 2022:

304.823 / 64.583 * $2.65 = $12.51

Therefore, according to U.S. Bureau of Labor Statistics, $2.65 in 1978 has the same "purchasing power" as $12.51 in 2022 (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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