Miami-Fort Lauderdale, Florida priced at $78,000,000 in 1980 $330,925,618.81 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($78,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $252,925,618.81 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 $78,000,000 in the year 1980 would cost $330,925,618.81 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 $78,000,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $78,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$78,000,000.0014.04%
1981$86,881,188.1211.39%
1982$93,220,297.037.30%
1983$96,228,960.403.23%
1984$99,832,920.793.75%
1985$102,648,514.852.82%
1986$104,144,801.981.46%
1987$107,797,029.703.51%
1988$112,575,495.054.43%
1989$117,160,891.094.07%
1990$123,258,663.375.20%
1991$127,602,722.773.52%
1992$129,710,396.041.65%
1993$134,183,168.323.45%
1994$138,398,514.853.14%
1995$143,514,851.493.70%
1996$148,084,158.423.18%
1997$152,894,801.983.25%
1998$154,889,851.491.30%
1999$156,667,698.021.15%
2000$161,848,391.093.31%
2001$166,876,237.623.11%
2002$169,273,514.851.44%
2003$174,172,648.512.89%
2004$178,846,534.652.68%
2005$187,245,049.504.70%
2006$196,544,554.464.97%
2007$204,550,253.714.07%
2008$214,383,917.084.81%
2009$213,529,746.29-0.40%
2010$215,252,809.410.81%
2011$222,575,365.103.40%
2012$226,927,308.171.96%
2013$229,749,096.531.24%
2014$234,590,389.852.11%
2015$236,911,565.590.99%
2016$241,018,391.091.73%
2017$247,453,632.432.67%
2018$255,814,498.763.38%
2019$260,296,280.941.75%
2020$262,695,408.420.92%
2021$273,487,500.004.11%
2022$299,414,616.349.48%
2023$323,357,060.648.00%
2024$330,925,618.812.34%*

* 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 * $78,000,000 = $330,925,618.81

Therefore, according to U.S. Bureau of Labor Statistics, $78,000,000 in 1980 has the same "purchasing power" as $330,925,618.81 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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