Miami-Fort Lauderdale, Florida priced at $18,000,000 in 1990 $48,607,753.56 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($18,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 170.04% higher in 2024 versus 1990 (a $30,607,753.56 difference in value).

Between 1990 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.96% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $18,000,000 in the year 1990 would cost $48,607,753.56 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 $18,000,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $18,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$18,000,000.005.20%
1991$18,634,381.933.52%
1992$18,942,174.651.65%
1993$19,595,353.093.45%
1994$20,210,938.523.14%
1995$20,958,099.463.70%
1996$21,625,375.283.18%
1997$22,327,894.533.25%
1998$22,619,240.311.30%
1999$22,878,866.991.15%
2000$23,635,426.183.31%
2001$24,369,664.533.11%
2002$24,719,749.381.44%
2003$25,435,191.232.89%
2004$26,117,739.202.68%
2005$27,344,210.944.70%
2006$28,702,258.194.97%
2007$29,871,365.364.07%
2008$31,307,418.094.81%
2009$31,182,679.81-0.40%
2010$31,434,306.230.81%
2011$32,503,650.963.40%
2012$33,139,184.181.96%
2013$33,551,262.241.24%
2014$34,258,257.412.11%
2015$34,597,228.820.99%
2016$35,196,966.451.73%
2017$36,136,732.802.67%
2018$37,357,706.573.38%
2019$38,012,200.761.75%
2020$38,362,555.800.92%
2021$39,938,571.994.11%
2022$43,724,821.829.48%
2023$47,221,241.358.00%
2024$48,607,753.562.94%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965344.800

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 344.800 in 2024:

344.800 / 127.683 * $18,000,000 = $48,607,753.56

Therefore, according to U.S. Bureau of Labor Statistics, $18,000,000 in 1990 has the same "purchasing power" as $48,607,753.56 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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