Miami-Fort Lauderdale, Florida priced at $1 in 1980 $3.85 in 2022

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2022 ($1)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 285.37% higher in 2022 versus 1980 (a $2.85 difference in value).

Between 1980 and 2022: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.26% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $1 in the year 1980 would cost $3.85 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.06% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1980: Pricing changed by 14.04%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1980-2022 time period. Compared to inflation for all items in 1980 (13.55%), 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 2022 (9.91%).

View price changes for other categories
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Buying power of $1.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$1.0014.04%
1981$1.1111.39%
1982$1.207.30%
1983$1.233.23%
1984$1.283.75%
1985$1.322.82%
1986$1.341.46%
1987$1.383.51%
1988$1.444.43%
1989$1.504.07%
1990$1.585.20%
1991$1.643.52%
1992$1.661.65%
1993$1.723.45%
1994$1.773.14%
1995$1.843.70%
1996$1.903.18%
1997$1.963.25%
1998$1.991.30%
1999$2.011.15%
2000$2.073.31%
2001$2.143.11%
2002$2.171.44%
2003$2.232.89%
2004$2.292.68%
2005$2.404.70%
2006$2.524.97%
2007$2.624.07%
2008$2.754.81%
2009$2.74-0.40%
2010$2.760.81%
2011$2.853.40%
2012$2.911.96%
2013$2.951.24%
2014$3.012.11%
2015$3.040.99%
2016$3.091.73%
2017$3.172.67%
2018$3.283.38%
2019$3.341.75%
2020$3.370.92%
2021$3.514.11%
2022$3.859.91%*

* 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:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305311.381

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1980 * 1980 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 80.800 in the year 1980 and 311.381 in 2022:

311.381 / 80.800 * $1 = $3.85

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1980 has the same "purchasing power" as $3.85 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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