Miami-Fort Lauderdale, Florida priced at $1,000,000,000 in 1990 $2,684,806,161.08 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($1,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 168.48% higher in 2024 versus 1990 (a $1,684,806,161.08 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 $1,000,000,000 in the year 1990 would cost $2,684,806,161.08 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 $1,000,000,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,000,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$1,000,000,000.005.20%
1991$1,035,243,440.803.52%
1992$1,052,343,036.161.65%
1993$1,088,630,727.063.45%
1994$1,122,829,917.773.14%
1995$1,164,338,859.163.70%
1996$1,201,409,737.633.18%
1997$1,240,438,585.043.25%
1998$1,256,624,461.561.30%
1999$1,271,048,166.041.15%
2000$1,313,079,232.483.31%
2001$1,353,870,251.933.11%
2002$1,373,319,410.001.44%
2003$1,413,066,179.352.89%
2004$1,450,985,511.032.68%
2005$1,519,122,829.924.70%
2006$1,594,569,899.494.97%
2007$1,659,520,297.614.07%
2008$1,739,301,005.094.81%
2009$1,732,371,100.38-0.40%
2010$1,746,350,345.910.81%
2011$1,805,758,386.633.40%
2012$1,841,065,787.761.96%
2013$1,863,959,013.181.24%
2014$1,903,236,522.652.11%
2015$1,922,068,267.850.99%
2016$1,955,387,025.191.73%
2017$2,007,596,266.812.67%
2018$2,075,428,142.543.38%
2019$2,111,788,930.951.75%
2020$2,131,253,100.120.92%
2021$2,218,809,554.894.11%
2022$2,429,156,768.059.48%
2023$2,623,402,297.358.00%
2024$2,684,806,161.082.34%*

* 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 * $1,000,000,000 = $2,684,806,161.08

Therefore, according to U.S. Bureau of Labor Statistics, $1,000,000,000 in 1990 has the same "purchasing power" as $2,684,806,161.08 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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