Miami-Fort Lauderdale, Florida priced at $150,000,000 in 1989 $423,680,994.23 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1989-2024 ($150,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 182.45% higher in 2024 versus 1989 (a $273,680,994.23 difference in value).

Between 1989 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.01% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $150,000,000 in the year 1989 would cost $423,680,994.23 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.65% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1989: Pricing changed by 4.07%, which is above the average yearly change for miami-fort lauderdale, florida during the 1989-2024 time period. Compared to inflation for all items in 1989 (4.83%), 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 $150,000,000.00 since 1989

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $150,000,000 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$150,000,000.004.07%
1990$157,806,921.185.20%
1991$163,368,580.063.52%
1992$166,067,014.561.65%
1993$171,793,463.333.45%
1994$177,190,332.333.14%
1995$183,740,730.573.70%
1996$189,590,771.773.18%
1997$195,749,794.013.25%
1998$198,304,037.351.30%
1999$200,580,197.751.15%
2000$207,212,990.943.31%
2001$213,650,096.133.11%
2002$216,719,307.881.44%
2003$222,991,623.182.89%
2004$228,975,556.172.68%
2005$239,728,096.684.70%
2006$251,634,166.444.97%
2007$261,883,788.794.07%
2008$274,473,736.614.81%
2009$273,380,149.68-0.40%
2010$275,586,171.380.81%
2011$284,961,171.383.40%
2012$290,532,923.651.96%
2013$294,145,633.071.24%
2014$300,343,895.912.11%
2015$303,315,675.640.99%
2016$308,573,606.151.73%
2017$316,812,585.832.67%
2018$327,516,925.303.38%
2019$333,254,909.371.75%
2020$336,326,489.980.92%
2021$350,143,504.534.11%
2022$383,337,750.629.48%
2023$413,991,039.558.00%
2024$423,680,994.232.34%*

* 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 1989 * 1989 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 121.367 in the year 1989 and 342.805 in 2024:

342.805 / 121.367 * $150,000,000 = $423,680,994.23

Therefore, according to U.S. Bureau of Labor Statistics, $150,000,000 in 1989 has the same "purchasing power" as $423,680,994.23 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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