Miami-Fort Lauderdale, Florida priced at $15,000 in 1981 $57,134.17 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1981-2024 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 280.89% higher in 2024 versus 1981 (a $42,134.17 difference in value).

Between 1981 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.16% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $15,000 in the year 1981 would cost $57,134.17 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.90% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1981: Pricing changed by 11.39%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1981-2024 time period. Compared to inflation for all items in 1981 (10.33%), 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 $15,000.00 since 1981

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $15,000 beginning in 1981. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1981$15,000.0011.39%
1982$16,094.447.30%
1983$16,613.893.23%
1984$17,236.113.75%
1985$17,722.222.82%
1986$17,980.561.46%
1987$18,611.113.51%
1988$19,436.114.43%
1989$20,227.784.07%
1990$21,280.565.20%
1991$22,030.563.52%
1992$22,394.441.65%
1993$23,166.673.45%
1994$23,894.443.14%
1995$24,777.783.70%
1996$25,566.673.18%
1997$26,397.223.25%
1998$26,741.671.30%
1999$27,048.611.15%
2000$27,943.063.31%
2001$28,811.113.11%
2002$29,225.001.44%
2003$30,070.832.89%
2004$30,877.782.68%
2005$32,327.784.70%
2006$33,933.334.97%
2007$35,315.514.07%
2008$37,013.294.81%
2009$36,865.82-0.40%
2010$37,163.310.81%
2011$38,427.543.40%
2012$39,178.901.96%
2013$39,666.081.24%
2014$40,501.932.11%
2015$40,902.680.99%
2016$41,611.721.73%
2017$42,722.762.67%
2018$44,166.263.38%
2019$44,940.041.75%
2020$45,354.250.92%
2021$47,217.504.11%
2022$51,693.819.48%
2023$55,827.468.00%
2024$57,134.172.34%*

* 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 1981 * 1981 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 90.000 in the year 1981 and 342.805 in 2024:

342.805 / 90.000 * $15,000 = $57,134.17

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 1981 has the same "purchasing power" as $57,134.17 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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