Miami-Fort Lauderdale, Florida priced at $8,157 in 1985 $26,297.12 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($8,157)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 222.39% higher in 2024 versus 1985 (a $18,140.12 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 $8,157 in the year 1985 would cost $26,297.12 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 $8,157.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $8,157 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$8,157.002.82%
1986$8,275.901.46%
1987$8,566.133.51%
1988$8,945.854.43%
1989$9,310.234.07%
1990$9,794.795.20%
1991$10,139.993.52%
1992$10,307.481.65%
1993$10,662.913.45%
1994$10,997.893.14%
1995$11,404.463.70%
1996$11,767.563.18%
1997$12,149.843.25%
1998$12,308.381.30%
1999$12,449.651.15%
2000$12,861.343.31%
2001$13,260.883.11%
2002$13,451.381.44%
2003$13,840.692.89%
2004$14,212.102.68%
2005$14,879.494.70%
2006$15,618.484.97%
2007$16,254.664.07%
2008$17,036.094.81%
2009$16,968.22-0.40%
2010$17,105.140.81%
2011$17,687.033.40%
2012$18,032.861.96%
2013$18,257.091.24%
2014$18,641.812.11%
2015$18,826.260.99%
2016$19,152.611.73%
2017$19,663.992.67%
2018$20,328.393.38%
2019$20,684.531.75%
2020$20,875.180.92%
2021$21,732.784.11%
2022$23,793.099.48%
2023$25,695.688.00%
2024$26,297.122.34%*

* 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 * $8,157 = $26,297.12

Therefore, according to U.S. Bureau of Labor Statistics, $8,157 in 1985 has the same "purchasing power" as $26,297.12 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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