Miami-Fort Lauderdale, Florida priced at $813 in 1980 $3,449.26 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($813)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $2,636.26 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 $813 in the year 1980 would cost $3,449.26 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
Detroit, Michigan · Chicago, Illinois · Fish and seafood · Housing · More

Buying power of $813.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $813 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$813.0014.04%
1981$905.5711.39%
1982$971.647.30%
1983$1,003.003.23%
1984$1,040.573.75%
1985$1,069.912.82%
1986$1,085.511.46%
1987$1,123.583.51%
1988$1,173.384.43%
1989$1,221.184.07%
1990$1,284.735.20%
1991$1,330.013.52%
1992$1,351.981.65%
1993$1,398.603.45%
1994$1,442.543.14%
1995$1,495.873.70%
1996$1,543.493.18%
1997$1,593.633.25%
1998$1,614.431.30%
1999$1,632.961.15%
2000$1,686.963.31%
2001$1,739.363.11%
2002$1,764.351.44%
2003$1,815.412.89%
2004$1,864.132.68%
2005$1,951.674.70%
2006$2,048.604.97%
2007$2,132.044.07%
2008$2,234.544.81%
2009$2,225.64-0.40%
2010$2,243.600.81%
2011$2,319.923.40%
2012$2,365.281.96%
2013$2,394.691.24%
2014$2,445.152.11%
2015$2,469.350.99%
2016$2,512.151.73%
2017$2,579.232.67%
2018$2,666.373.38%
2019$2,713.091.75%
2020$2,738.090.92%
2021$2,850.584.11%
2022$3,120.829.48%
2023$3,370.388.00%
2024$3,449.262.34%*

* 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 * $813 = $3,449.26

Therefore, according to U.S. Bureau of Labor Statistics, $813 in 1980 has the same "purchasing power" as $3,449.26 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.

» Read more about inflation and investment.