Miami-Fort Lauderdale, Florida priced at $4,775 in 1980 $20,258.59 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($4,775)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $15,483.59 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 $4,775 in the year 1980 would cost $20,258.59 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 $4,775.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $4,775 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$4,775.0014.04%
1981$5,318.6911.39%
1982$5,706.767.30%
1983$5,890.943.23%
1984$6,111.573.75%
1985$6,283.932.82%
1986$6,375.531.46%
1987$6,599.113.51%
1988$6,891.644.43%
1989$7,172.354.07%
1990$7,545.645.20%
1991$7,811.583.52%
1992$7,940.601.65%
1993$8,214.423.45%
1994$8,472.473.14%
1995$8,785.683.70%
1996$9,065.413.18%
1997$9,359.913.25%
1998$9,482.041.30%
1999$9,590.881.15%
2000$9,908.033.31%
2001$10,215.823.11%
2002$10,362.581.44%
2003$10,662.492.89%
2004$10,948.622.68%
2005$11,462.764.70%
2006$12,032.054.97%
2007$12,522.154.07%
2008$13,124.144.81%
2009$13,071.85-0.40%
2010$13,177.340.81%
2011$13,625.613.40%
2012$13,892.021.96%
2013$14,064.771.24%
2014$14,361.142.11%
2015$14,503.240.99%
2016$14,754.651.73%
2017$15,148.602.67%
2018$15,660.443.38%
2019$15,934.801.75%
2020$16,081.670.92%
2021$16,742.344.11%
2022$18,329.559.48%
2023$19,795.268.00%
2024$20,258.592.34%*

* 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 * $4,775 = $20,258.59

Therefore, according to U.S. Bureau of Labor Statistics, $4,775 in 1980 has the same "purchasing power" as $20,258.59 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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