Miami-Fort Lauderdale, Florida priced at $10,000,000 in 1990 $26,848,061.61 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($10,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 168.48% higher in 2024 versus 1990 (a $16,848,061.61 difference in value).

Between 1990 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.95% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $10,000,000 in the year 1990 would cost $26,848,061.61 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.58% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1990: Pricing changed by 5.20%, which is above the average yearly change for miami-fort lauderdale, florida during the 1990-2024 time period. Compared to inflation for all items in 1990 (5.40%), 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 $10,000,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $10,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$10,000,000.005.20%
1991$10,352,434.413.52%
1992$10,523,430.361.65%
1993$10,886,307.273.45%
1994$11,228,299.183.14%
1995$11,643,388.593.70%
1996$12,014,097.383.18%
1997$12,404,385.853.25%
1998$12,566,244.621.30%
1999$12,710,481.661.15%
2000$13,130,792.323.31%
2001$13,538,702.523.11%
2002$13,733,194.101.44%
2003$14,130,661.792.89%
2004$14,509,855.112.68%
2005$15,191,228.304.70%
2006$15,945,698.994.97%
2007$16,595,202.984.07%
2008$17,393,010.054.81%
2009$17,323,711.00-0.40%
2010$17,463,503.460.81%
2011$18,057,583.873.40%
2012$18,410,657.881.96%
2013$18,639,590.131.24%
2014$19,032,365.232.11%
2015$19,220,682.680.99%
2016$19,553,870.251.73%
2017$20,075,962.672.67%
2018$20,754,281.433.38%
2019$21,117,889.311.75%
2020$21,312,531.000.92%
2021$22,188,095.554.11%
2022$24,291,567.689.48%
2023$26,234,022.978.00%
2024$26,848,061.612.34%*

* 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 1990 * 1990 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 127.683 in the year 1990 and 342.805 in 2024:

342.805 / 127.683 * $10,000,000 = $26,848,061.61

Therefore, according to U.S. Bureau of Labor Statistics, $10,000,000 in 1990 has the same "purchasing power" as $26,848,061.61 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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