Miami-Fort Lauderdale, Florida priced at $600,000 in 1980 $2,263,533.42 in 2022

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2022 ($600,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 277.26% higher in 2022 versus 1980 (a $1,663,533.42 difference in value).

Between 1980 and 2022: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.21% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $600,000 in the year 1980 would cost $2,263,533.42 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.04% 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 1980-2022 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 $600,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $600,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$600,000.0014.04%
1981$668,316.8311.39%
1982$717,079.217.30%
1983$740,222.773.23%
1984$767,945.543.75%
1985$789,603.962.82%
1986$801,113.861.46%
1987$829,207.923.51%
1988$865,965.354.43%
1989$901,237.624.07%
1990$948,143.565.20%
1991$981,559.413.52%
1992$997,772.281.65%
1993$1,032,178.223.45%
1994$1,064,603.963.14%
1995$1,103,960.403.70%
1996$1,139,108.913.18%
1997$1,176,113.863.25%
1998$1,191,460.401.30%
1999$1,205,136.141.15%
2000$1,244,987.623.31%
2001$1,283,663.373.11%
2002$1,302,103.961.44%
2003$1,339,789.602.89%
2004$1,375,742.572.68%
2005$1,440,346.534.70%
2006$1,511,881.194.97%
2007$1,573,463.494.07%
2008$1,649,107.054.81%
2009$1,642,536.51-0.40%
2010$1,655,790.840.81%
2011$1,712,118.193.40%
2012$1,745,594.681.96%
2013$1,767,300.741.24%
2014$1,804,541.462.11%
2015$1,822,396.660.99%
2016$1,853,987.621.73%
2017$1,903,489.482.67%
2018$1,967,803.843.38%
2019$2,002,279.081.75%
2020$2,020,733.910.92%
2021$2,103,750.004.11%
2022$2,263,533.427.60%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Miami-Fort Lauderdale, Florida:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.997243.012245.416249.670256.337264.998269.640272.125283.305304.823

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1980 * 1980 USD value = 2022 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 304.823 in 2022:

304.823 / 80.800 * $600,000 = $2,263,533.42

Therefore, according to U.S. Bureau of Labor Statistics, $600,000 in 1980 has the same "purchasing power" as $2,263,533.42 in 2022 (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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