Miami-Fort Lauderdale, Florida priced at $200,000 in 1980 $848,527.23 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($200,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $648,527.23 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 $200,000 in the year 1980 would cost $848,527.23 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
Gasoline (all types) · Bread · San Diego, California · Alcoholic beverages · More

Buying power of $200,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $200,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$200,000.0014.04%
1981$222,772.2811.39%
1982$239,026.407.30%
1983$246,740.923.23%
1984$255,981.853.75%
1985$263,201.322.82%
1986$267,037.951.46%
1987$276,402.643.51%
1988$288,655.124.43%
1989$300,412.544.07%
1990$316,047.855.20%
1991$327,186.473.52%
1992$332,590.761.65%
1993$344,059.413.45%
1994$354,867.993.14%
1995$367,986.803.70%
1996$379,702.973.18%
1997$392,037.953.25%
1998$397,153.471.30%
1999$401,712.051.15%
2000$414,995.873.31%
2001$427,887.793.11%
2002$434,034.651.44%
2003$446,596.532.89%
2004$458,580.862.68%
2005$480,115.514.70%
2006$503,960.404.97%
2007$524,487.834.07%
2008$549,702.354.81%
2009$547,512.17-0.40%
2010$551,930.280.81%
2011$570,706.063.40%
2012$581,864.891.96%
2013$589,100.251.24%
2014$601,513.822.11%
2015$607,465.550.99%
2016$617,995.871.73%
2017$634,496.492.67%
2018$655,934.613.38%
2019$667,426.361.75%
2020$673,577.970.92%
2021$701,250.004.11%
2022$767,729.799.48%
2023$829,120.678.00%
2024$848,527.232.34%*

* 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 * $200,000 = $848,527.23

Therefore, according to U.S. Bureau of Labor Statistics, $200,000 in 1980 has the same "purchasing power" as $848,527.23 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.