Miami-Fort Lauderdale, Florida priced at $140,000,000 in 1980 $593,969,059.41 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($140,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $453,969,059.41 difference in value).

Between 1980 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.34% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $140,000,000 in the year 1980 would cost $593,969,059.41 in 2024 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 1980-2024 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 1979 (9.70%).

View price changes for other categories
Financial services · Gasoline (all types) · Tampa, Florida · Atlanta, Georgia · More

Buying power of $140,000,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $140,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$140,000,000.0014.04%
1981$155,940,594.0611.39%
1982$167,318,481.857.30%
1983$172,718,646.863.23%
1984$179,187,293.733.75%
1985$184,240,924.092.82%
1986$186,926,567.661.46%
1987$193,481,848.183.51%
1988$202,058,580.864.43%
1989$210,288,778.884.07%
1990$221,233,498.355.20%
1991$229,030,528.053.52%
1992$232,813,531.351.65%
1993$240,841,584.163.45%
1994$248,407,590.763.14%
1995$257,590,759.083.70%
1996$265,792,079.213.18%
1997$274,426,567.663.25%
1998$278,007,425.741.30%
1999$281,198,432.341.15%
2000$290,497,112.213.31%
2001$299,521,452.153.11%
2002$303,824,257.431.44%
2003$312,617,574.262.89%
2004$321,006,600.662.68%
2005$336,080,858.094.70%
2006$352,772,277.234.97%
2007$367,141,481.024.07%
2008$384,791,646.044.81%
2009$383,258,518.98-0.40%
2010$386,351,196.370.81%
2011$399,494,245.053.40%
2012$407,305,424.921.96%
2013$412,370,173.271.24%
2014$421,059,674.092.11%
2015$425,225,886.960.99%
2016$432,597,112.211.73%
2017$444,147,545.382.67%
2018$459,154,228.553.38%
2019$467,198,452.971.75%
2020$471,504,579.210.92%
2021$490,875,000.004.11%
2022$537,410,849.839.48%
2023$580,384,467.828.00%
2024$593,969,059.412.34%*

* 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 1980 * 1980 USD value = 2024 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 342.805 in 2024:

342.805 / 80.800 * $140,000,000 = $593,969,059.41

Therefore, according to U.S. Bureau of Labor Statistics, $140,000,000 in 1980 has the same "purchasing power" as $593,969,059.41 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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