Miami-Fort Lauderdale, Florida priced at $3,077.50 in 1985 $9,979.20 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($3,077.50)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 224.26% higher in 2024 versus 1985 (a $6,901.70 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 $3,077.50 in the year 1985 would cost $9,979.20 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 $3,077.50 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $3,077.50 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$3,077.502.82%
1986$3,122.361.46%
1987$3,231.863.51%
1988$3,375.124.43%
1989$3,512.594.07%
1990$3,695.415.20%
1991$3,825.653.52%
1992$3,888.841.65%
1993$4,022.943.45%
1994$4,149.323.14%
1995$4,302.713.70%
1996$4,439.703.18%
1997$4,583.933.25%
1998$4,643.741.30%
1999$4,697.051.15%
2000$4,852.373.31%
2001$5,003.113.11%
2002$5,074.981.44%
2003$5,221.862.89%
2004$5,361.992.68%
2005$5,613.784.70%
2006$5,892.594.97%
2007$6,132.614.07%
2008$6,427.434.81%
2009$6,401.82-0.40%
2010$6,453.480.81%
2011$6,673.023.40%
2012$6,803.501.96%
2013$6,888.101.24%
2014$7,033.242.11%
2015$7,102.830.99%
2016$7,225.961.73%
2017$7,418.902.67%
2018$7,669.563.38%
2019$7,803.931.75%
2020$7,875.860.92%
2021$8,199.424.11%
2022$8,976.739.48%
2023$9,694.558.00%
2024$9,979.202.94%*

* 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 * $3,077.50 = $9,979.20

Therefore, according to U.S. Bureau of Labor Statistics, $3,077.50 in 1985 has the same "purchasing power" as $9,979.20 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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