Miami-Fort Lauderdale, Florida priced at $600,000 in 1990 $1,610,883.70 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($600,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 168.48% higher in 2024 versus 1990 (a $1,010,883.70 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 $600,000 in the year 1990 would cost $1,610,883.70 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% 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 $600,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $600,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$600,000.005.20%
1991$621,146.063.52%
1992$631,405.821.65%
1993$653,178.443.45%
1994$673,697.953.14%
1995$698,603.323.70%
1996$720,845.843.18%
1997$744,263.153.25%
1998$753,974.681.30%
1999$762,628.901.15%
2000$787,847.543.31%
2001$812,322.153.11%
2002$823,991.651.44%
2003$847,839.712.89%
2004$870,591.312.68%
2005$911,473.704.70%
2006$956,741.944.97%
2007$995,712.184.07%
2008$1,043,580.604.81%
2009$1,039,422.66-0.40%
2010$1,047,810.210.81%
2011$1,083,455.033.40%
2012$1,104,639.471.96%
2013$1,118,375.411.24%
2014$1,141,941.912.11%
2015$1,153,240.960.99%
2016$1,173,232.221.73%
2017$1,204,557.762.67%
2018$1,245,256.893.38%
2019$1,267,073.361.75%
2020$1,278,751.860.92%
2021$1,331,285.734.11%
2022$1,457,494.069.48%
2023$1,574,041.388.00%
2024$1,610,883.702.34%*

* 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 * $600,000 = $1,610,883.70

Therefore, according to U.S. Bureau of Labor Statistics, $600,000 in 1990 has the same "purchasing power" as $1,610,883.70 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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