Miami-Fort Lauderdale, Florida priced at $3,077.50 in 1980 $13,132.70 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($3,077.50)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 326.73% higher in 2024 versus 1980 (a $10,055.20 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 $3,077.50 in the year 1980 would cost $13,132.70 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%).

View price changes for other categories
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Buying power of $3,077.50 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $3,077.50 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$3,077.5014.04%
1981$3,427.9111.39%
1982$3,678.027.30%
1983$3,796.733.23%
1984$3,938.923.75%
1985$4,050.012.82%
1986$4,109.051.46%
1987$4,253.153.51%
1988$4,441.684.43%
1989$4,622.604.07%
1990$4,863.195.20%
1991$5,034.583.52%
1992$5,117.741.65%
1993$5,294.213.45%
1994$5,460.533.14%
1995$5,662.403.70%
1996$5,842.683.18%
1997$6,032.483.25%
1998$6,111.201.30%
1999$6,181.341.15%
2000$6,385.753.31%
2001$6,584.123.11%
2002$6,678.711.44%
2003$6,872.002.89%
2004$7,056.412.68%
2005$7,387.784.70%
2006$7,754.694.97%
2007$8,070.564.07%
2008$8,458.544.81%
2009$8,424.84-0.40%
2010$8,492.830.81%
2011$8,781.743.40%
2012$8,953.451.96%
2013$9,064.781.24%
2014$9,255.792.11%
2015$9,347.380.99%
2016$9,509.411.73%
2017$9,763.312.67%
2018$10,093.193.38%
2019$10,270.021.75%
2020$10,364.680.92%
2021$10,790.484.11%
2022$11,813.449.48%
2023$12,758.098.00%
2024$13,132.702.94%*

* 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 * $3,077.50 = $13,132.70

Therefore, according to U.S. Bureau of Labor Statistics, $3,077.50 in 1980 has the same "purchasing power" as $13,132.70 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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