Miami-Fort Lauderdale, Florida priced at $500,000,000,000 in 1990 $1,350,215,376,582.69 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

$

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

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 170.04% higher in 2024 versus 1990 (a $850,215,376,582.69 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 $500,000,000,000 in the year 1990 would cost $1,350,215,376,582.69 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
Jewelry · Houston, Texas · Frankfurters · Boston, Massachusetts · More

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

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

YearUSD ValueInflation Rate
1990$500,000,000,000.005.20%
1991$517,621,720,402.043.52%
1992$526,171,518,078.581.65%
1993$544,315,363,529.573.45%
1994$561,414,958,882.653.14%
1995$582,169,429,578.383.70%
1996$600,704,868,816.083.18%
1997$620,219,292,520.563.25%
1998$628,312,230,779.271.30%
1999$635,524,083,017.881.15%
2000$656,539,616,238.093.31%
2001$676,935,125,962.673.11%
2002$686,659,704,999.351.44%
2003$706,533,089,674.982.89%
2004$725,492,755,514.952.68%
2005$759,561,414,958.884.70%
2006$797,284,949,745.464.97%
2007$829,760,148,805.644.07%
2008$869,650,502,545.364.81%
2009$866,185,550,189.27-0.40%
2010$873,175,172,953.920.81%
2011$902,879,193,316.803.40%
2012$920,532,893,878.081.96%
2013$931,979,506,591.831.24%
2014$951,618,261,323.592.11%
2015$961,034,133,925.080.99%
2016$977,693,512,596.271.73%
2017$1,003,798,133,402.952.67%
2018$1,037,714,071,270.073.38%
2019$1,055,894,465,474.481.75%
2020$1,065,626,550,058.740.92%
2021$1,109,404,777,444.204.11%
2022$1,214,578,384,022.979.48%
2023$1,311,701,148,675.118.00%
2024$1,350,215,376,582.692.94%*

* 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 * $500,000,000,000 = $1,350,215,376,582.69

Therefore, according to U.S. Bureau of Labor Statistics, $500,000,000,000 in 1990 has the same "purchasing power" as $1,350,215,376,582.69 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.

» Read more about inflation and investment.