Miami-Fort Lauderdale, Florida priced at $50,000 in 1980 $212,131.81 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($50,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $162,131.81 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 $50,000 in the year 1980 would cost $212,131.81 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%).

View price changes for other categories
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Buying power of $50,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $50,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$50,000.0014.04%
1981$55,693.0711.39%
1982$59,756.607.30%
1983$61,685.233.23%
1984$63,995.463.75%
1985$65,800.332.82%
1986$66,759.491.46%
1987$69,100.663.51%
1988$72,163.784.43%
1989$75,103.144.07%
1990$79,011.965.20%
1991$81,796.623.52%
1992$83,147.691.65%
1993$86,014.853.45%
1994$88,717.003.14%
1995$91,996.703.70%
1996$94,925.743.18%
1997$98,009.493.25%
1998$99,288.371.30%
1999$100,428.011.15%
2000$103,748.973.31%
2001$106,971.953.11%
2002$108,508.661.44%
2003$111,649.132.89%
2004$114,645.212.68%
2005$120,028.884.70%
2006$125,990.104.97%
2007$131,121.964.07%
2008$137,425.594.81%
2009$136,878.04-0.40%
2010$137,982.570.81%
2011$142,676.523.40%
2012$145,466.221.96%
2013$147,275.061.24%
2014$150,378.462.11%
2015$151,866.390.99%
2016$154,498.971.73%
2017$158,624.122.67%
2018$163,983.653.38%
2019$166,856.591.75%
2020$168,394.490.92%
2021$175,312.504.11%
2022$191,932.459.48%
2023$207,280.178.00%
2024$212,131.812.34%*

* 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 * $50,000 = $212,131.81

Therefore, according to U.S. Bureau of Labor Statistics, $50,000 in 1980 has the same "purchasing power" as $212,131.81 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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