Miami-Fort Lauderdale, Florida priced at $48,000,000 in 1980 $203,646,534.65 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($48,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $155,646,534.65 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 $48,000,000 in the year 1980 would cost $203,646,534.65 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.05% 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%).

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Buying power of $48,000,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $48,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$48,000,000.0014.04%
1981$53,465,346.5311.39%
1982$57,366,336.637.30%
1983$59,217,821.783.23%
1984$61,435,643.563.75%
1985$63,168,316.832.82%
1986$64,089,108.911.46%
1987$66,336,633.663.51%
1988$69,277,227.724.43%
1989$72,099,009.904.07%
1990$75,851,485.155.20%
1991$78,524,752.483.52%
1992$79,821,782.181.65%
1993$82,574,257.433.45%
1994$85,168,316.833.14%
1995$88,316,831.683.70%
1996$91,128,712.873.18%
1997$94,089,108.913.25%
1998$95,316,831.681.30%
1999$96,410,891.091.15%
2000$99,599,009.903.31%
2001$102,693,069.313.11%
2002$104,168,316.831.44%
2003$107,183,168.322.89%
2004$110,059,405.942.68%
2005$115,227,722.774.70%
2006$120,950,495.054.97%
2007$125,877,079.214.07%
2008$131,928,564.364.81%
2009$131,402,920.79-0.40%
2010$132,463,267.330.81%
2011$136,969,455.453.40%
2012$139,647,574.261.96%
2013$141,384,059.411.24%
2014$144,363,316.832.11%
2015$145,791,732.670.99%
2016$148,319,009.901.73%
2017$152,279,158.422.67%
2018$157,424,306.933.38%
2019$160,182,326.731.75%
2020$161,658,712.870.92%
2021$168,300,000.004.11%
2022$184,255,148.519.48%
2023$198,988,960.408.00%
2024$203,646,534.652.34%*

* 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 * $48,000,000 = $203,646,534.65

Therefore, according to U.S. Bureau of Labor Statistics, $48,000,000 in 1980 has the same "purchasing power" as $203,646,534.65 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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