Miami-Fort Lauderdale, Florida priced at $800 in 1978 $4,246.36 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1978-2024 ($800)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 430.79% higher in 2024 versus 1978 (a $3,446.36 difference in value).

Between 1978 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.70% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $800 in the year 1978 would cost $4,246.36 in 2024 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 1978-2024 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%).

View price changes for other categories
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Buying power of $800.00 since 1978

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $800 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$800.004.17%
1979$877.639.70%
1980$1,000.8814.04%
1981$1,114.8411.39%
1982$1,196.187.30%
1983$1,234.793.23%
1984$1,281.033.75%
1985$1,317.162.82%
1986$1,336.361.46%
1987$1,383.233.51%
1988$1,444.544.43%
1989$1,503.384.07%
1990$1,581.635.20%
1991$1,637.373.52%
1992$1,664.411.65%
1993$1,721.813.45%
1994$1,775.903.14%
1995$1,841.553.70%
1996$1,900.183.18%
1997$1,961.913.25%
1998$1,987.511.30%
1999$2,010.321.15%
2000$2,076.803.31%
2001$2,141.323.11%
2002$2,172.081.44%
2003$2,234.942.89%
2004$2,294.922.68%
2005$2,402.684.70%
2006$2,522.014.97%
2007$2,624.744.07%
2008$2,750.924.81%
2009$2,739.96-0.40%
2010$2,762.070.81%
2011$2,856.033.40%
2012$2,911.881.96%
2013$2,948.091.24%
2014$3,010.212.11%
2015$3,039.990.99%
2016$3,092.691.73%
2017$3,175.272.67%
2018$3,282.553.38%
2019$3,340.061.75%
2020$3,370.840.92%
2021$3,509.334.11%
2022$3,842.029.48%
2023$4,149.248.00%
2024$4,246.362.34%*

* 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 1978 * 1978 USD value = 2024 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 342.805 in 2024:

342.805 / 64.583 * $800 = $4,246.36

Therefore, according to U.S. Bureau of Labor Statistics, $800 in 1978 has the same "purchasing power" as $4,246.36 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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