Miami-Fort Lauderdale, Florida priced at $150,000,000 in 1980 $640,099,009.90 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($150,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 326.73% higher in 2024 versus 1980 (a $490,099,009.90 difference in value).

Between 1980 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.35% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $150,000,000 in the year 1980 would cost $640,099,009.90 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.07% 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%).

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Buying power of $150,000,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $150,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$150,000,000.0014.04%
1981$167,079,207.9211.39%
1982$179,269,801.987.30%
1983$185,055,693.073.23%
1984$191,986,386.143.75%
1985$197,400,990.102.82%
1986$200,278,465.351.46%
1987$207,301,980.203.51%
1988$216,491,336.634.43%
1989$225,309,405.944.07%
1990$237,035,891.095.20%
1991$245,389,851.493.52%
1992$249,443,069.311.65%
1993$258,044,554.463.45%
1994$266,150,990.103.14%
1995$275,990,099.013.70%
1996$284,777,227.723.18%
1997$294,028,465.353.25%
1998$297,865,099.011.30%
1999$301,284,034.651.15%
2000$311,246,905.943.31%
2001$320,915,841.583.11%
2002$325,525,990.101.44%
2003$334,947,400.992.89%
2004$343,935,643.562.68%
2005$360,086,633.664.70%
2006$377,970,297.034.97%
2007$393,365,872.524.07%
2008$412,276,763.614.81%
2009$410,634,127.48-0.40%
2010$413,947,710.400.81%
2011$428,029,548.273.40%
2012$436,398,669.551.96%
2013$441,825,185.641.24%
2014$451,135,365.102.11%
2015$455,599,164.600.99%
2016$463,496,905.941.73%
2017$475,872,370.052.67%
2018$491,950,959.163.38%
2019$500,569,771.041.75%
2020$505,183,477.720.92%
2021$525,937,500.004.11%
2022$575,797,339.119.48%
2023$621,840,501.248.00%
2024$640,099,009.902.94%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965344.800

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 344.800 in 2024:

344.800 / 80.800 * $150,000,000 = $640,099,009.90

Therefore, according to U.S. Bureau of Labor Statistics, $150,000,000 in 1980 has the same "purchasing power" as $640,099,009.90 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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