Miami-Fort Lauderdale, Florida priced at $24,700 in 1980 $108,703.42 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1980-2025 ($24,700)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 340.09% higher in 2025 versus 1980 (a $84,003.42 difference in value).

Between 1980 and 2025: 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 $24,700 in the year 1980 would cost $108,703.42 in 2025 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 1980-2025 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
New trucks · Hospital services · Detroit, Michigan · College tuition and fees · More

Buying power of $24,700.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $24,700 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$24,700.0014.04%
1981$27,512.3811.39%
1982$29,519.767.30%
1983$30,472.503.23%
1984$31,613.763.75%
1985$32,505.362.82%
1986$32,979.191.46%
1987$34,135.733.51%
1988$35,648.914.43%
1989$37,100.954.07%
1990$39,031.915.20%
1991$40,407.533.52%
1992$41,074.961.65%
1993$42,491.343.45%
1994$43,826.203.14%
1995$45,446.373.70%
1996$46,893.323.18%
1997$48,416.693.25%
1998$49,048.451.30%
1999$49,611.441.15%
2000$51,251.993.31%
2001$52,844.143.11%
2002$53,603.281.44%
2003$55,154.672.89%
2004$56,634.742.68%
2005$59,294.274.70%
2006$62,239.114.97%
2007$64,774.254.07%
2008$67,888.244.81%
2009$67,617.75-0.40%
2010$68,163.390.81%
2011$70,482.203.40%
2012$71,860.311.96%
2013$72,753.881.24%
2014$74,286.962.11%
2015$75,022.000.99%
2016$76,322.491.73%
2017$78,360.322.67%
2018$81,007.923.38%
2019$82,427.161.75%
2020$83,186.880.92%
2021$86,604.384.11%
2022$94,814.639.48%
2023$102,396.408.00%
2024$106,191.733.71%
2025$108,703.422.37%*

* 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:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380355.597

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1980 * 1980 USD value = 2025 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 355.597 in 2025:

355.597 / 80.800 * $24,700 = $108,703.42

Therefore, according to U.S. Bureau of Labor Statistics, $24,700 in 1980 has the same "purchasing power" as $108,703.42 in 2025 (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.