Miami-Fort Lauderdale, Florida priced at $1.50 in 1982 $5.32 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1982-2024 ($1.50)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 254.99% higher in 2024 versus 1982 (a $3.82 difference in value).

Between 1982 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.06% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $1.50 in the year 1982 would cost $5.32 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.82% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1982: Pricing changed by 7.30%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1982-2024 time period. Compared to inflation for all items in 1982 (6.13%), 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 $1.50 since 1982

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1.50 beginning in 1982. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1982$1.507.30%
1983$1.553.23%
1984$1.613.75%
1985$1.652.82%
1986$1.681.46%
1987$1.733.51%
1988$1.814.43%
1989$1.894.07%
1990$1.985.20%
1991$2.053.52%
1992$2.091.65%
1993$2.163.45%
1994$2.233.14%
1995$2.313.70%
1996$2.383.18%
1997$2.463.25%
1998$2.491.30%
1999$2.521.15%
2000$2.603.31%
2001$2.693.11%
2002$2.721.44%
2003$2.802.89%
2004$2.882.68%
2005$3.014.70%
2006$3.164.97%
2007$3.294.07%
2008$3.454.81%
2009$3.44-0.40%
2010$3.460.81%
2011$3.583.40%
2012$3.651.96%
2013$3.701.24%
2014$3.772.11%
2015$3.810.99%
2016$3.881.73%
2017$3.982.67%
2018$4.123.38%
2019$4.191.75%
2020$4.230.92%
2021$4.404.11%
2022$4.829.48%
2023$5.208.00%
2024$5.322.34%*

* 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 1982 * 1982 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 96.567 in the year 1982 and 342.805 in 2024:

342.805 / 96.567 * $1.50 = $5.32

Therefore, according to U.S. Bureau of Labor Statistics, $1.50 in 1982 has the same "purchasing power" as $5.32 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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