Miami-Fort Lauderdale, Florida priced at $24,000 in 1983 $85,614.30 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1983-2025 ($24,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 256.73% higher in 2025 versus 1983 (a $61,614.30 difference in value).

Between 1983 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.07% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $24,000 in the year 1983 would cost $85,614.30 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1983: Pricing changed by 3.23%, which is above the average yearly change for miami-fort lauderdale, florida during the 1983-2025 time period. Compared to inflation for all items in 1983 (3.21%), 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 $24,000.00 since 1983

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $24,000 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$24,000.003.23%
1984$24,898.853.75%
1985$25,601.072.82%
1986$25,974.251.46%
1987$26,885.143.51%
1988$28,076.914.43%
1989$29,220.534.07%
1990$30,741.355.20%
1991$31,824.783.52%
1992$32,350.441.65%
1993$33,465.983.45%
1994$34,517.303.14%
1995$35,793.353.70%
1996$36,932.953.18%
1997$38,132.753.25%
1998$38,630.331.30%
1999$39,073.731.15%
2000$40,365.833.31%
2001$41,619.803.11%
2002$42,217.691.44%
2003$43,439.562.89%
2004$44,605.252.68%
2005$46,699.884.70%
2006$49,019.234.97%
2007$51,015.894.07%
2008$53,468.464.81%
2009$53,255.42-0.40%
2010$53,685.160.81%
2011$55,511.453.40%
2012$56,596.841.96%
2013$57,300.611.24%
2014$58,508.062.11%
2015$59,086.970.99%
2016$60,111.231.73%
2017$61,716.212.67%
2018$63,801.463.38%
2019$64,919.241.75%
2020$65,517.590.92%
2021$68,209.204.11%
2022$74,675.559.48%
2023$80,646.928.00%
2024$83,636.113.71%
2025$85,614.302.37%*

* 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:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380355.597

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1983 * 1983 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 99.683 in the year 1983 and 355.597 in 2025:

355.597 / 99.683 * $24,000 = $85,614.30

Therefore, according to U.S. Bureau of Labor Statistics, $24,000 in 1983 has the same "purchasing power" as $85,614.30 in 2025 (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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