Miami-Fort Lauderdale, Florida priced at $4,300,000,000 in 1990 $11,544,666,492.62 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($4,300,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 168.48% higher in 2024 versus 1990 (a $7,244,666,492.62 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 $4,300,000,000 in the year 1990 would cost $11,544,666,492.62 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%).

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Buying power of $4,300,000,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $4,300,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$4,300,000,000.005.20%
1991$4,451,546,795.463.52%
1992$4,525,075,055.481.65%
1993$4,681,112,126.353.45%
1994$4,828,168,646.393.14%
1995$5,006,657,094.373.70%
1996$5,166,061,871.823.18%
1997$5,333,885,915.683.25%
1998$5,403,485,184.701.30%
1999$5,465,507,113.951.15%
2000$5,646,240,699.653.31%
2001$5,821,642,083.283.11%
2002$5,905,273,462.991.44%
2003$6,076,184,571.202.89%
2004$6,239,237,697.432.68%
2005$6,532,228,168.654.70%
2006$6,856,650,567.814.97%
2007$7,135,937,279.734.07%
2008$7,478,994,321.894.81%
2009$7,449,195,731.63-0.40%
2010$7,509,306,487.400.81%
2011$7,764,761,062.523.40%
2012$7,916,582,887.351.96%
2013$8,015,023,756.691.24%
2014$8,183,917,047.382.11%
2015$8,264,893,551.760.99%
2016$8,408,164,208.331.73%
2017$8,632,663,947.272.67%
2018$8,924,341,012.923.38%
2019$9,080,692,403.081.75%
2020$9,164,388,330.510.92%
2021$9,540,881,086.024.11%
2022$10,445,374,102.609.48%
2023$11,280,629,878.618.00%
2024$11,544,666,492.622.34%*

* 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 * $4,300,000,000 = $11,544,666,492.62

Therefore, according to U.S. Bureau of Labor Statistics, $4,300,000,000 in 1990 has the same "purchasing power" as $11,544,666,492.62 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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