Miami-Fort Lauderdale, Florida priced at $34,000,000 in 1993 $83,851,582.73 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1993-2024 ($34,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 146.62% higher in 2024 versus 1993 (a $49,851,582.73 difference in value).

Between 1993 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 $34,000,000 in the year 1993 would cost $83,851,582.73 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1993: Pricing changed by 3.45%, which is above the average yearly change for miami-fort lauderdale, florida during the 1993-2024 time period. Compared to inflation for all items in 1993 (2.95%), inflation for miami-fort lauderdale, florida was higher.

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 $34,000,000.00 since 1993

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $34,000,000 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1993$34,000,000.003.45%
1994$35,068,105.523.14%
1995$36,364,508.393.70%
1996$37,522,302.163.18%
1997$38,741,247.003.25%
1998$39,246,762.591.30%
1999$39,697,242.211.15%
2000$41,009,952.043.31%
2001$42,283,932.853.11%
2002$42,891,366.911.44%
2003$44,132,733.812.89%
2004$45,317,026.382.68%
2005$47,445,083.934.70%
2006$49,801,438.854.97%
2007$51,829,962.834.07%
2008$54,321,665.474.81%
2009$54,105,231.41-0.40%
2010$54,541,829.740.81%
2011$56,397,255.403.40%
2012$57,499,972.421.96%
2013$58,214,971.221.24%
2014$59,441,682.252.11%
2015$60,029,833.330.99%
2016$61,070,441.251.73%
2017$62,701,034.772.67%
2018$64,819,552.763.38%
2019$65,955,169.061.75%
2020$66,563,071.940.92%
2021$69,297,625.904.11%
2022$75,867,167.879.48%
2023$81,933,823.748.00%
2024$83,851,582.732.34%*

* 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 1993 * 1993 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 139.000 in the year 1993 and 342.805 in 2024:

342.805 / 139.000 * $34,000,000 = $83,851,582.73

Therefore, according to U.S. Bureau of Labor Statistics, $34,000,000 in 1993 has the same "purchasing power" as $83,851,582.73 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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