Miami-Fort Lauderdale, Florida priced at $300,000,000 in 1985 $967,161,442.01 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($300,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 222.39% higher in 2024 versus 1985 (a $667,161,442.01 difference in value).

Between 1985 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.05% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $300,000,000 in the year 1985 would cost $967,161,442.01 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% 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%).

View price changes for other categories
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Buying power of $300,000,000.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $300,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$300,000,000.002.82%
1986$304,373,040.751.46%
1987$315,047,021.943.51%
1988$329,012,539.184.43%
1989$342,413,793.104.07%
1990$360,235,109.725.20%
1991$372,931,034.483.52%
1992$379,090,909.091.65%
1993$392,163,009.403.45%
1994$404,482,758.623.14%
1995$419,435,736.683.70%
1996$432,789,968.653.18%
1997$446,849,529.783.25%
1998$452,680,250.781.30%
1999$457,876,175.551.15%
2000$473,017,241.383.31%
2001$487,711,598.753.11%
2002$494,717,868.341.44%
2003$509,036,050.162.89%
2004$522,695,924.762.68%
2005$547,241,379.314.70%
2006$574,420,062.704.97%
2007$597,817,476.494.07%
2008$626,557,288.404.81%
2009$624,060,893.42-0.40%
2010$629,096,708.460.81%
2011$650,497,570.533.40%
2012$663,216,536.051.96%
2013$671,463,479.621.24%
2014$685,612,617.552.11%
2015$692,396,473.350.99%
2016$704,399,059.561.73%
2017$723,206,661.442.67%
2018$747,642,084.643.38%
2019$760,740,517.241.75%
2020$767,752,194.360.92%
2021$799,293,103.454.11%
2022$875,067,554.869.48%
2023$945,041,614.428.00%
2024$967,161,442.012.34%*

* 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 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 342.805 in 2024:

342.805 / 106.333 * $300,000,000 = $967,161,442.01

Therefore, according to U.S. Bureau of Labor Statistics, $300,000,000 in 1985 has the same "purchasing power" as $967,161,442.01 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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