According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 224.26% higher in 2024 versus 1985 (a $72,885,579.94 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 $32,500,000 in the year 1985 would cost $105,385,579.94 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.
Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $32,500,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1985 | $32,500,000.00 | 2.82% |
1986 | $32,973,746.08 | 1.46% |
1987 | $34,130,094.04 | 3.51% |
1988 | $35,643,025.08 | 4.43% |
1989 | $37,094,827.59 | 4.07% |
1990 | $39,025,470.22 | 5.20% |
1991 | $40,400,862.07 | 3.52% |
1992 | $41,068,181.82 | 1.65% |
1993 | $42,484,326.02 | 3.45% |
1994 | $43,818,965.52 | 3.14% |
1995 | $45,438,871.47 | 3.70% |
1996 | $46,885,579.94 | 3.18% |
1997 | $48,408,699.06 | 3.25% |
1998 | $49,040,360.50 | 1.30% |
1999 | $49,603,252.35 | 1.15% |
2000 | $51,243,534.48 | 3.31% |
2001 | $52,835,423.20 | 3.11% |
2002 | $53,594,435.74 | 1.44% |
2003 | $55,145,572.10 | 2.89% |
2004 | $56,625,391.85 | 2.68% |
2005 | $59,284,482.76 | 4.70% |
2006 | $62,228,840.13 | 4.97% |
2007 | $64,763,559.95 | 4.07% |
2008 | $67,877,039.58 | 4.81% |
2009 | $67,606,596.79 | -0.40% |
2010 | $68,152,143.42 | 0.81% |
2011 | $70,470,570.14 | 3.40% |
2012 | $71,848,458.07 | 1.96% |
2013 | $72,741,876.96 | 1.24% |
2014 | $74,274,700.24 | 2.11% |
2015 | $75,009,617.95 | 0.99% |
2016 | $76,309,898.12 | 1.73% |
2017 | $78,347,388.32 | 2.67% |
2018 | $80,994,559.17 | 3.38% |
2019 | $82,413,556.03 | 1.75% |
2020 | $83,173,154.39 | 0.92% |
2021 | $86,590,086.21 | 4.11% |
2022 | $94,798,985.11 | 9.48% |
2023 | $102,379,508.23 | 8.00% |
2024 | $105,385,579.94 | 2.94%* |
* 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:
Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 62.000 | 64.583 | 70.850 | 80.800 | 90.000 | 96.567 | 99.683 | 103.417 | 106.333 | 107.883 | 111.667 | 116.617 | 121.367 | 127.683 | 132.183 | 134.367 | 139.000 | 143.367 | 148.667 | 153.400 | 158.383 | 160.450 | 162.292 | 167.658 | 172.867 | 175.350 | 180.425 | 185.267 | 193.967 | 203.600 | 211.893 | 222.080 | 221.195 | 222.980 | 230.565 | 235.073 | 237.996 | 243.012 | 245.416 | 249.670 | 256.337 | 264.998 | 269.640 | 272.125 | 283.305 | 310.163 | 334.965 | 344.800 |