Miami-Fort Lauderdale, Florida priced at $100 in 1979 $483.85 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1979-2024 ($100)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 383.85% higher in 2024 versus 1979 (a $383.85 difference in value).

Between 1979 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.57% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $100 in the year 1979 would cost $483.85 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.28% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1979: Pricing changed by 9.70%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1979-2024 time period. Compared to inflation for all items in 1979 (11.26%), inflation for miami-fort lauderdale, florida was 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
Admission to sporting events · New cars · Women's apparel · Dallas-Fort Worth, Texas · More

Buying power of $100.00 since 1979

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $100 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1979$100.009.70%
1980$114.0414.04%
1981$127.0311.39%
1982$136.307.30%
1983$140.703.23%
1984$145.973.75%
1985$150.082.82%
1986$152.271.46%
1987$157.613.51%
1988$164.604.43%
1989$171.304.07%
1990$180.225.20%
1991$186.573.52%
1992$189.651.65%
1993$196.193.45%
1994$202.353.14%
1995$209.833.70%
1996$216.513.18%
1997$223.553.25%
1998$226.461.30%
1999$229.061.15%
2000$236.643.31%
2001$243.993.11%
2002$247.491.44%
2003$254.662.89%
2004$261.492.68%
2005$273.774.70%
2006$287.374.97%
2007$299.074.07%
2008$313.454.81%
2009$312.20-0.40%
2010$314.720.81%
2011$325.433.40%
2012$331.791.96%
2013$335.921.24%
2014$342.992.11%
2015$346.390.99%
2016$352.391.73%
2017$361.802.67%
2018$374.033.38%
2019$380.581.75%
2020$384.090.92%
2021$399.874.11%
2022$437.779.48%
2023$472.788.00%
2024$483.852.34%*

* 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 1979 * 1979 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 70.850 in the year 1979 and 342.805 in 2024:

342.805 / 70.850 * $100 = $483.85

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 1979 has the same "purchasing power" as $483.85 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.

» Read more about inflation and investment.