Miami-Fort Lauderdale, Florida priced at $666.66 in 1980 $2,844.86 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($666.66)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 326.73% higher in 2024 versus 1980 (a $2,178.20 difference in value).

Between 1980 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.35% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $666.66 in the year 1980 would cost $2,844.86 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.07% 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 $666.66 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $666.66 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$666.6614.04%
1981$742.5711.39%
1982$796.757.30%
1983$822.463.23%
1984$853.263.75%
1985$877.332.82%
1986$890.121.46%
1987$921.333.51%
1988$962.174.43%
1989$1,001.374.07%
1990$1,053.485.20%
1991$1,090.613.52%
1992$1,108.621.65%
1993$1,146.853.45%
1994$1,182.883.14%
1995$1,226.613.70%
1996$1,265.663.18%
1997$1,306.783.25%
1998$1,323.831.30%
1999$1,339.031.15%
2000$1,383.313.31%
2001$1,426.283.11%
2002$1,446.771.44%
2003$1,488.642.89%
2004$1,528.592.68%
2005$1,600.374.70%
2006$1,679.854.97%
2007$1,748.284.07%
2008$1,832.324.81%
2009$1,825.02-0.40%
2010$1,839.750.81%
2011$1,902.333.40%
2012$1,939.531.96%
2013$1,963.651.24%
2014$2,005.032.11%
2015$2,024.860.99%
2016$2,059.971.73%
2017$2,114.972.67%
2018$2,186.433.38%
2019$2,224.731.75%
2020$2,245.240.92%
2021$2,337.484.11%
2022$2,559.079.48%
2023$2,763.718.00%
2024$2,844.862.94%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965344.800

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 344.800 in 2024:

344.800 / 80.800 * $666.66 = $2,844.86

Therefore, according to U.S. Bureau of Labor Statistics, $666.66 in 1980 has the same "purchasing power" as $2,844.86 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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