Miami-Fort Lauderdale, Florida priced at $980 in 1994 $2,430.72 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1994-2025 ($980)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 148.03% higher in 2025 versus 1994 (a $1,450.72 difference in value).

Between 1994 and 2025: 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 $980 in the year 1994 would cost $2,430.72 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1994: Pricing changed by 3.14%, which is above the average yearly change for miami-fort lauderdale, florida during the 1994-2025 time period. Compared to inflation for all items in 1994 (2.60%), 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%).

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Buying power of $980.00 since 1994

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $980 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1994$980.003.14%
1995$1,016.233.70%
1996$1,048.583.18%
1997$1,082.653.25%
1998$1,096.781.30%
1999$1,109.361.15%
2000$1,146.053.31%
2001$1,181.653.11%
2002$1,198.631.44%
2003$1,233.322.89%
2004$1,266.412.68%
2005$1,325.884.70%
2006$1,391.734.97%
2007$1,448.424.07%
2008$1,518.054.81%
2009$1,512.00-0.40%
2010$1,524.210.81%
2011$1,576.063.40%
2012$1,606.871.96%
2013$1,626.851.24%
2014$1,661.132.11%
2015$1,677.570.99%
2016$1,706.651.73%
2017$1,752.222.67%
2018$1,811.423.38%
2019$1,843.161.75%
2020$1,860.150.92%
2021$1,936.574.11%
2022$2,120.169.48%
2023$2,289.698.00%
2024$2,374.563.71%
2025$2,430.722.37%*

* 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:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380355.597

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1994 * 1994 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 143.367 in the year 1994 and 355.597 in 2025:

355.597 / 143.367 * $980 = $2,430.72

Therefore, according to U.S. Bureau of Labor Statistics, $980 in 1994 has the same "purchasing power" as $2,430.72 in 2025 (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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