Miami-Fort Lauderdale, Florida priced at $9,870 in 1985 $31,819.61 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($9,870)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 222.39% higher in 2024 versus 1985 (a $21,949.61 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 $9,870 in the year 1985 would cost $31,819.61 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%).

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Buying power of $9,870.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $9,870 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$9,870.002.82%
1986$10,013.871.46%
1987$10,365.053.51%
1988$10,824.514.43%
1989$11,265.414.07%
1990$11,851.745.20%
1991$12,269.433.52%
1992$12,472.091.65%
1993$12,902.163.45%
1994$13,307.483.14%
1995$13,799.443.70%
1996$14,238.793.18%
1997$14,701.353.25%
1998$14,893.181.30%
1999$15,064.131.15%
2000$15,562.273.31%
2001$16,045.713.11%
2002$16,276.221.44%
2003$16,747.292.89%
2004$17,196.702.68%
2005$18,004.244.70%
2006$18,898.424.97%
2007$19,668.194.07%
2008$20,613.734.81%
2009$20,531.60-0.40%
2010$20,697.280.81%
2011$21,401.373.40%
2012$21,819.821.96%
2013$22,091.151.24%
2014$22,556.662.11%
2015$22,779.840.99%
2016$23,174.731.73%
2017$23,793.502.67%
2018$24,597.423.38%
2019$25,028.361.75%
2020$25,259.050.92%
2021$26,296.744.11%
2022$28,789.729.48%
2023$31,091.878.00%
2024$31,819.612.34%*

* 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 * $9,870 = $31,819.61

Therefore, according to U.S. Bureau of Labor Statistics, $9,870 in 1985 has the same "purchasing power" as $31,819.61 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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