Miami-Fort Lauderdale, Florida priced at $2,500 in 1980 $10,606.59 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($2,500)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $8,106.59 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 $2,500 in the year 1980 would cost $10,606.59 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
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Buying power of $2,500.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $2,500 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$2,500.0014.04%
1981$2,784.6511.39%
1982$2,987.837.30%
1983$3,084.263.23%
1984$3,199.773.75%
1985$3,290.022.82%
1986$3,337.971.46%
1987$3,455.033.51%
1988$3,608.194.43%
1989$3,755.164.07%
1990$3,950.605.20%
1991$4,089.833.52%
1992$4,157.381.65%
1993$4,300.743.45%
1994$4,435.853.14%
1995$4,599.833.70%
1996$4,746.293.18%
1997$4,900.473.25%
1998$4,964.421.30%
1999$5,021.401.15%
2000$5,187.453.31%
2001$5,348.603.11%
2002$5,425.431.44%
2003$5,582.462.89%
2004$5,732.262.68%
2005$6,001.444.70%
2006$6,299.504.97%
2007$6,556.104.07%
2008$6,871.284.81%
2009$6,843.90-0.40%
2010$6,899.130.81%
2011$7,133.833.40%
2012$7,273.311.96%
2013$7,363.751.24%
2014$7,518.922.11%
2015$7,593.320.99%
2016$7,724.951.73%
2017$7,931.212.67%
2018$8,199.183.38%
2019$8,342.831.75%
2020$8,419.720.92%
2021$8,765.634.11%
2022$9,596.629.48%
2023$10,364.018.00%
2024$10,606.592.34%*

* 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 * $2,500 = $10,606.59

Therefore, according to U.S. Bureau of Labor Statistics, $2,500 in 1980 has the same "purchasing power" as $10,606.59 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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