Miami-Fort Lauderdale, Florida priced at $165,000,000 in 1985 $535,034,482.76 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($165,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 224.26% higher in 2024 versus 1985 (a $370,034,482.76 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 $165,000,000 in the year 1985 would cost $535,034,482.76 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 $165,000,000.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $165,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$165,000,000.002.82%
1986$167,405,172.411.46%
1987$173,275,862.073.51%
1988$180,956,896.554.43%
1989$188,327,586.214.07%
1990$198,129,310.345.20%
1991$205,112,068.973.52%
1992$208,500,000.001.65%
1993$215,689,655.173.45%
1994$222,465,517.243.14%
1995$230,689,655.173.70%
1996$238,034,482.763.18%
1997$245,767,241.383.25%
1998$248,974,137.931.30%
1999$251,831,896.551.15%
2000$260,159,482.763.31%
2001$268,241,379.313.11%
2002$272,094,827.591.44%
2003$279,969,827.592.89%
2004$287,482,758.622.68%
2005$300,982,758.624.70%
2006$315,931,034.484.97%
2007$328,799,612.074.07%
2008$344,606,508.624.81%
2009$343,233,491.38-0.40%
2010$346,003,189.660.81%
2011$357,773,663.793.40%
2012$364,769,094.831.96%
2013$369,304,913.791.24%
2014$377,086,939.662.11%
2015$380,818,060.340.99%
2016$387,419,482.761.73%
2017$397,763,663.792.67%
2018$411,203,146.553.38%
2019$418,407,284.481.75%
2020$422,263,706.900.92%
2021$439,611,206.904.11%
2022$481,287,155.179.48%
2023$519,772,887.938.00%
2024$535,034,482.762.94%*

* 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 * $165,000,000 = $535,034,482.76

Therefore, according to U.S. Bureau of Labor Statistics, $165,000,000 in 1985 has the same "purchasing power" as $535,034,482.76 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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