Miami-Fort Lauderdale, Florida priced at $85,000 in 1980 $360,624.07 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($85,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $275,624.07 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 $85,000 in the year 1980 would cost $360,624.07 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 $85,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $85,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$85,000.0014.04%
1981$94,678.2211.39%
1982$101,586.227.30%
1983$104,864.893.23%
1984$108,792.293.75%
1985$111,860.562.82%
1986$113,491.131.46%
1987$117,471.123.51%
1988$122,678.424.43%
1989$127,675.334.07%
1990$134,320.345.20%
1991$139,054.253.52%
1992$141,351.071.65%
1993$146,225.253.45%
1994$150,818.893.14%
1995$156,394.393.70%
1996$161,373.763.18%
1997$166,616.133.25%
1998$168,790.221.30%
1999$170,727.621.15%
2000$176,373.253.31%
2001$181,852.313.11%
2002$184,464.731.44%
2003$189,803.532.89%
2004$194,896.862.68%
2005$204,049.094.70%
2006$214,183.174.97%
2007$222,907.334.07%
2008$233,623.504.81%
2009$232,692.67-0.40%
2010$234,570.370.81%
2011$242,550.083.40%
2012$247,292.581.96%
2013$250,367.611.24%
2014$255,643.372.11%
2015$258,172.860.99%
2016$262,648.251.73%
2017$269,661.012.67%
2018$278,772.213.38%
2019$283,656.201.75%
2020$286,270.640.92%
2021$298,031.254.11%
2022$326,285.169.48%
2023$352,376.288.00%
2024$360,624.072.34%*

* 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 * $85,000 = $360,624.07

Therefore, according to U.S. Bureau of Labor Statistics, $85,000 in 1980 has the same "purchasing power" as $360,624.07 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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