Miami-Fort Lauderdale, Florida priced at $13,000 in 1985 $42,154.23 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($13,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 224.26% higher in 2024 versus 1985 (a $29,154.23 difference in value).

Between 1985 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 $13,000 in the year 1985 would cost $42,154.23 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.76% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1985: Pricing changed by 2.82%, which is below the average yearly change for miami-fort lauderdale, florida during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), inflation for miami-fort lauderdale, florida was lower.

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 $13,000.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $13,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$13,000.002.82%
1986$13,189.501.46%
1987$13,652.043.51%
1988$14,257.214.43%
1989$14,837.934.07%
1990$15,610.195.20%
1991$16,160.343.52%
1992$16,427.271.65%
1993$16,993.733.45%
1994$17,527.593.14%
1995$18,175.553.70%
1996$18,754.233.18%
1997$19,363.483.25%
1998$19,616.141.30%
1999$19,841.301.15%
2000$20,497.413.31%
2001$21,134.173.11%
2002$21,437.771.44%
2003$22,058.232.89%
2004$22,650.162.68%
2005$23,713.794.70%
2006$24,891.544.97%
2007$25,905.424.07%
2008$27,150.824.81%
2009$27,042.64-0.40%
2010$27,260.860.81%
2011$28,188.233.40%
2012$28,739.381.96%
2013$29,096.751.24%
2014$29,709.882.11%
2015$30,003.850.99%
2016$30,523.961.73%
2017$31,338.962.67%
2018$32,397.823.38%
2019$32,965.421.75%
2020$33,269.260.92%
2021$34,636.034.11%
2022$37,919.599.48%
2023$40,951.808.00%
2024$42,154.232.94%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965344.800

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1985 * 1985 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 106.333 in the year 1985 and 344.800 in 2024:

344.800 / 106.333 * $13,000 = $42,154.23

Therefore, according to U.S. Bureau of Labor Statistics, $13,000 in 1985 has the same "purchasing power" as $42,154.23 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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