Miami-Fort Lauderdale, Florida priced at $80,926 in 1980 $343,339.57 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($80,926)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $262,413.57 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 $80,926 in the year 1980 would cost $343,339.57 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 $80,926.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $80,926 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$80,926.0014.04%
1981$90,140.3511.39%
1982$96,717.257.30%
1983$99,838.783.23%
1984$103,577.943.75%
1985$106,499.152.82%
1986$108,051.571.46%
1987$111,840.803.51%
1988$116,798.524.43%
1989$121,555.934.07%
1990$127,882.445.20%
1991$132,389.463.52%
1992$134,576.201.65%
1993$139,216.763.45%
1994$143,590.233.14%
1995$148,898.503.70%
1996$153,639.213.18%
1997$158,630.323.25%
1998$160,700.211.30%
1999$162,544.751.15%
2000$167,919.783.31%
2001$173,136.243.11%
2002$175,623.441.44%
2003$180,706.362.89%
2004$185,555.572.68%
2005$194,269.144.70%
2006$203,917.504.97%
2007$212,223.514.07%
2008$222,426.064.81%
2009$221,539.85-0.40%
2010$223,327.550.81%
2011$230,924.793.40%
2012$235,439.991.96%
2013$238,367.631.24%
2014$243,390.542.11%
2015$245,798.790.99%
2016$250,059.671.73%
2017$256,736.322.67%
2018$265,410.823.38%
2019$270,060.731.75%
2020$272,549.850.92%
2021$283,746.794.11%
2022$310,646.509.48%
2023$335,487.108.00%
2024$343,339.572.34%*

* 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 * $80,926 = $343,339.57

Therefore, according to U.S. Bureau of Labor Statistics, $80,926 in 1980 has the same "purchasing power" as $343,339.57 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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