Miami-Fort Lauderdale, Florida priced at $19.68 in 1992 $50.21 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1992-2024 ($19.68)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 155.13% higher in 2024 versus 1992 (a $30.53 difference in value).

Between 1992 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.97% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $19.68 in the year 1992 would cost $50.21 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1992: Pricing changed by 1.65%, which is below the average yearly change for miami-fort lauderdale, florida during the 1992-2024 time period. Compared to inflation for all items in 1992 (3.03%), 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 $19.68 since 1992

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $19.68 beginning in 1992. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1992$19.681.65%
1993$20.363.45%
1994$21.003.14%
1995$21.773.70%
1996$22.473.18%
1997$23.203.25%
1998$23.501.30%
1999$23.771.15%
2000$24.563.31%
2001$25.323.11%
2002$25.681.44%
2003$26.432.89%
2004$27.142.68%
2005$28.414.70%
2006$29.824.97%
2007$31.034.07%
2008$32.534.81%
2009$32.40-0.40%
2010$32.660.81%
2011$33.773.40%
2012$34.431.96%
2013$34.861.24%
2014$35.592.11%
2015$35.940.99%
2016$36.571.73%
2017$37.542.67%
2018$38.813.38%
2019$39.491.75%
2020$39.860.92%
2021$41.494.11%
2022$45.439.48%
2023$49.068.00%
2024$50.212.34%*

* 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 1992 * 1992 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 134.367 in the year 1992 and 342.805 in 2024:

342.805 / 134.367 * $19.68 = $50.21

Therefore, according to U.S. Bureau of Labor Statistics, $19.68 in 1992 has the same "purchasing power" as $50.21 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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