Miami-Fort Lauderdale, Florida priced at $42,926 in 1980 $182,119.40 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($42,926)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $139,193.40 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 $42,926 in the year 1980 would cost $182,119.40 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 $42,926.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $42,926 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$42,926.0014.04%
1981$47,813.6111.39%
1982$51,302.247.30%
1983$52,958.003.23%
1984$54,941.383.75%
1985$56,490.902.82%
1986$57,314.361.46%
1987$59,324.303.51%
1988$61,954.054.43%
1989$64,477.544.07%
1990$67,833.355.20%
1991$70,224.033.52%
1992$71,383.951.65%
1993$73,845.473.45%
1994$76,165.323.14%
1995$78,981.013.70%
1996$81,495.653.18%
1997$84,143.113.25%
1998$85,241.051.30%
1999$86,219.461.15%
2000$89,070.563.31%
2001$91,837.563.11%
2002$93,156.861.44%
2003$95,853.012.89%
2004$98,425.212.68%
2005$103,047.194.70%
2006$108,165.024.97%
2007$112,570.824.07%
2008$117,982.624.81%
2009$117,512.54-0.40%
2010$118,460.800.81%
2011$122,490.643.40%
2012$124,885.661.96%
2013$126,438.591.24%
2014$129,102.912.11%
2015$130,380.330.99%
2016$132,640.451.73%
2017$136,181.982.67%
2018$140,783.253.38%
2019$143,249.721.75%
2020$144,570.040.92%
2021$150,509.294.11%
2022$164,777.849.48%
2023$177,954.178.00%
2024$182,119.402.34%*

* 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 * $42,926 = $182,119.40

Therefore, according to U.S. Bureau of Labor Statistics, $42,926 in 1980 has the same "purchasing power" as $182,119.40 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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