Miami-Fort Lauderdale, Florida priced at $180 in 1989 $508.42 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1989-2024 ($180)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 182.45% higher in 2024 versus 1989 (a $328.42 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 $180 in the year 1989 would cost $508.42 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.66% 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 $180.00 since 1989

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $180 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$180.004.07%
1990$189.375.20%
1991$196.043.52%
1992$199.281.65%
1993$206.153.45%
1994$212.633.14%
1995$220.493.70%
1996$227.513.18%
1997$234.903.25%
1998$237.961.30%
1999$240.701.15%
2000$248.663.31%
2001$256.383.11%
2002$260.061.44%
2003$267.592.89%
2004$274.772.68%
2005$287.674.70%
2006$301.964.97%
2007$314.264.07%
2008$329.374.81%
2009$328.06-0.40%
2010$330.700.81%
2011$341.953.40%
2012$348.641.96%
2013$352.971.24%
2014$360.412.11%
2015$363.980.99%
2016$370.291.73%
2017$380.182.67%
2018$393.023.38%
2019$399.911.75%
2020$403.590.92%
2021$420.174.11%
2022$460.019.48%
2023$496.798.00%
2024$508.422.34%*

* 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 * $180 = $508.42

Therefore, according to U.S. Bureau of Labor Statistics, $180 in 1989 has the same "purchasing power" as $508.42 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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