Miami-Fort Lauderdale, Florida priced at $1,500,000,000 in 1990 $4,067,250,195.80 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($1,500,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 171.15% higher in 2024 versus 1990 (a $2,567,250,195.80 difference in value).

Between 1990 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.98% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $1,500,000,000 in the year 1990 would cost $4,067,250,195.80 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.60% 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%).

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Buying power of $1,500,000,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,500,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$1,500,000,000.005.20%
1991$1,552,865,161.213.52%
1992$1,578,514,554.241.65%
1993$1,632,946,090.593.45%
1994$1,684,244,876.653.14%
1995$1,746,508,288.743.70%
1996$1,802,114,606.453.18%
1997$1,860,657,877.563.25%
1998$1,884,936,692.341.30%
1999$1,906,572,249.051.15%
2000$1,969,618,848.713.31%
2001$2,030,805,377.893.11%
2002$2,059,979,115.001.44%
2003$2,119,599,269.022.89%
2004$2,176,478,266.542.68%
2005$2,278,684,244.884.70%
2006$2,391,854,849.244.97%
2007$2,489,280,446.424.07%
2008$2,608,951,507.644.81%
2009$2,598,556,650.57-0.40%
2010$2,619,525,518.860.81%
2011$2,708,637,579.953.40%
2012$2,761,598,681.631.96%
2013$2,795,938,519.781.24%
2014$2,854,854,783.972.11%
2015$2,883,102,401.780.99%
2016$2,933,080,537.791.73%
2017$3,011,394,400.212.67%
2018$3,113,142,213.813.38%
2019$3,167,683,396.421.75%
2020$3,196,879,650.180.92%
2021$3,328,214,332.334.11%
2022$3,643,735,152.079.48%
2023$3,935,103,446.038.00%
2024$4,067,250,195.803.36%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965346.213

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 346.213 in 2024:

346.213 / 127.683 * $1,500,000,000 = $4,067,250,195.80

Therefore, according to U.S. Bureau of Labor Statistics, $1,500,000,000 in 1990 has the same "purchasing power" as $4,067,250,195.80 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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