Miami-Fort Lauderdale, Florida priced at $50,000 in 1990 $134,240.31 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($50,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 168.48% higher in 2024 versus 1990 (a $84,240.31 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 $50,000 in the year 1990 would cost $134,240.31 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 $50,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $50,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$50,000.005.20%
1991$51,762.173.52%
1992$52,617.151.65%
1993$54,431.543.45%
1994$56,141.503.14%
1995$58,216.943.70%
1996$60,070.493.18%
1997$62,021.933.25%
1998$62,831.221.30%
1999$63,552.411.15%
2000$65,653.963.31%
2001$67,693.513.11%
2002$68,665.971.44%
2003$70,653.312.89%
2004$72,549.282.68%
2005$75,956.144.70%
2006$79,728.494.97%
2007$82,976.014.07%
2008$86,965.054.81%
2009$86,618.56-0.40%
2010$87,317.520.81%
2011$90,287.923.40%
2012$92,053.291.96%
2013$93,197.951.24%
2014$95,161.832.11%
2015$96,103.410.99%
2016$97,769.351.73%
2017$100,379.812.67%
2018$103,771.413.38%
2019$105,589.451.75%
2020$106,562.660.92%
2021$110,940.484.11%
2022$121,457.849.48%
2023$131,170.118.00%
2024$134,240.312.34%*

* 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 * $50,000 = $134,240.31

Therefore, according to U.S. Bureau of Labor Statistics, $50,000 in 1990 has the same "purchasing power" as $134,240.31 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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