Miami-Fort Lauderdale, Florida priced at $9.50 in 1985 $30.81 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($9.50)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 224.26% higher in 2024 versus 1985 (a $21.31 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 $9.50 in the year 1985 would cost $30.81 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%).

View price changes for other categories
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Buying power of $9.50 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $9.50 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$9.502.82%
1986$9.641.46%
1987$9.983.51%
1988$10.424.43%
1989$10.844.07%
1990$11.415.20%
1991$11.813.52%
1992$12.001.65%
1993$12.423.45%
1994$12.813.14%
1995$13.283.70%
1996$13.713.18%
1997$14.153.25%
1998$14.331.30%
1999$14.501.15%
2000$14.983.31%
2001$15.443.11%
2002$15.671.44%
2003$16.122.89%
2004$16.552.68%
2005$17.334.70%
2006$18.194.97%
2007$18.934.07%
2008$19.844.81%
2009$19.76-0.40%
2010$19.920.81%
2011$20.603.40%
2012$21.001.96%
2013$21.261.24%
2014$21.712.11%
2015$21.930.99%
2016$22.311.73%
2017$22.902.67%
2018$23.683.38%
2019$24.091.75%
2020$24.310.92%
2021$25.314.11%
2022$27.719.48%
2023$29.938.00%
2024$30.812.94%*

* 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 * $9.50 = $30.81

Therefore, according to U.S. Bureau of Labor Statistics, $9.50 in 1985 has the same "purchasing power" as $30.81 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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