Miami-Fort Lauderdale, Florida priced at $28,534 in 1990 $77,054.09 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($28,534)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 170.04% higher in 2024 versus 1990 (a $48,520.09 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 $28,534 in the year 1990 would cost $77,054.09 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.59% 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 $28,534.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $28,534 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$28,534.005.20%
1991$29,539.643.52%
1992$30,027.561.65%
1993$31,062.993.45%
1994$32,038.833.14%
1995$33,223.253.70%
1996$34,281.033.18%
1997$35,394.673.25%
1998$35,856.521.30%
1999$36,268.091.15%
2000$37,467.403.31%
2001$38,631.333.11%
2002$39,186.301.44%
2003$40,320.432.89%
2004$41,402.422.68%
2005$43,346.654.70%
2006$45,499.464.97%
2007$47,352.754.07%
2008$49,629.214.81%
2009$49,431.48-0.40%
2010$49,830.360.81%
2011$51,525.513.40%
2012$52,532.971.96%
2013$53,186.211.24%
2014$54,306.952.11%
2015$54,844.300.99%
2016$55,795.011.73%
2017$57,284.752.67%
2018$59,220.273.38%
2019$60,257.791.75%
2020$60,813.180.92%
2021$63,311.514.11%
2022$69,313.569.48%
2023$74,856.168.00%
2024$77,054.092.94%*

* 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 * $28,534 = $77,054.09

Therefore, according to U.S. Bureau of Labor Statistics, $28,534 in 1990 has the same "purchasing power" as $77,054.09 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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