Miami-Fort Lauderdale, Florida priced at $1,000 in 1982 $3,549.93 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1982-2024 ($1,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 254.99% higher in 2024 versus 1982 (a $2,549.93 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 $1,000 in the year 1982 would cost $3,549.93 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%).

View price changes for other categories
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Buying power of $1,000.00 since 1982

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,000 beginning in 1982. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1982$1,000.007.30%
1983$1,032.273.23%
1984$1,070.943.75%
1985$1,101.142.82%
1986$1,117.191.46%
1987$1,156.373.51%
1988$1,207.634.43%
1989$1,256.824.07%
1990$1,322.235.20%
1991$1,368.833.52%
1992$1,391.441.65%
1993$1,439.423.45%
1994$1,484.643.14%
1995$1,539.523.70%
1996$1,588.543.18%
1997$1,640.143.25%
1998$1,661.551.30%
1999$1,680.621.15%
2000$1,736.193.31%
2001$1,790.133.11%
2002$1,815.841.44%
2003$1,868.402.89%
2004$1,918.542.68%
2005$2,008.634.70%
2006$2,108.394.97%
2007$2,194.274.07%
2008$2,299.764.81%
2009$2,290.59-0.40%
2010$2,309.080.81%
2011$2,387.633.40%
2012$2,434.311.96%
2013$2,464.581.24%
2014$2,516.522.11%
2015$2,541.420.99%
2016$2,585.471.73%
2017$2,654.502.67%
2018$2,744.193.38%
2019$2,792.271.75%
2020$2,818.010.92%
2021$2,933.784.11%
2022$3,211.909.48%
2023$3,468.748.00%
2024$3,549.932.34%*

* 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 * $1,000 = $3,549.93

Therefore, according to U.S. Bureau of Labor Statistics, $1,000 in 1982 has the same "purchasing power" as $3,549.93 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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