Miami-Fort Lauderdale, Florida priced at $4,000 in 1980 $16,970.54 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($4,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $12,970.54 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 $4,000 in the year 1980 would cost $16,970.54 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 $4,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $4,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$4,000.0014.04%
1981$4,455.4511.39%
1982$4,780.537.30%
1983$4,934.823.23%
1984$5,119.643.75%
1985$5,264.032.82%
1986$5,340.761.46%
1987$5,528.053.51%
1988$5,773.104.43%
1989$6,008.254.07%
1990$6,320.965.20%
1991$6,543.733.52%
1992$6,651.821.65%
1993$6,881.193.45%
1994$7,097.363.14%
1995$7,359.743.70%
1996$7,594.063.18%
1997$7,840.763.25%
1998$7,943.071.30%
1999$8,034.241.15%
2000$8,299.923.31%
2001$8,557.763.11%
2002$8,680.691.44%
2003$8,931.932.89%
2004$9,171.622.68%
2005$9,602.314.70%
2006$10,079.214.97%
2007$10,489.764.07%
2008$10,994.054.81%
2009$10,950.24-0.40%
2010$11,038.610.81%
2011$11,414.123.40%
2012$11,637.301.96%
2013$11,782.001.24%
2014$12,030.282.11%
2015$12,149.310.99%
2016$12,359.921.73%
2017$12,689.932.67%
2018$13,118.693.38%
2019$13,348.531.75%
2020$13,471.560.92%
2021$14,025.004.11%
2022$15,354.609.48%
2023$16,582.418.00%
2024$16,970.542.34%*

* 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 * $4,000 = $16,970.54

Therefore, according to U.S. Bureau of Labor Statistics, $4,000 in 1980 has the same "purchasing power" as $16,970.54 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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