Miami-Fort Lauderdale, Florida priced at $170,000,000,000 in 1995 $394,278,026,905.83 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1995-2024 ($170,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 131.93% higher in 2024 versus 1995 (a $224,278,026,905.83 difference in value).

Between 1995 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.94% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $170,000,000,000 in the year 1995 would cost $394,278,026,905.83 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 1995: Pricing changed by 3.70%, which is above the average yearly change for miami-fort lauderdale, florida during the 1995-2024 time period. Compared to inflation for all items in 1995 (2.81%), 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 $170,000,000,000.00 since 1995

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $170,000,000,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$170,000,000,000.003.70%
1996$175,412,556,053.813.18%
1997$181,110,986,547.093.25%
1998$183,474,215,246.641.30%
1999$185,580,156,950.671.15%
2000$191,716,928,251.123.31%
2001$197,672,645,739.913.11%
2002$200,512,331,838.571.44%
2003$206,315,582,959.642.89%
2004$211,852,017,937.222.68%
2005$221,800,448,430.494.70%
2006$232,816,143,497.764.97%
2007$242,299,265,695.074.07%
2008$253,947,696,188.344.81%
2009$252,935,891,255.61-0.40%
2010$254,976,939,461.880.81%
2011$263,650,846,412.563.40%
2012$268,805,924,887.891.96%
2013$272,148,464,125.561.24%
2014$277,883,200,672.652.11%
2015$280,632,741,031.390.99%
2016$285,497,466,367.711.73%
2017$293,120,308,295.962.67%
2018$303,024,142,376.683.38%
2019$308,333,021,300.451.75%
2020$311,174,899,103.140.92%
2021$323,958,632,287.004.11%
2022$354,670,504,484.319.48%
2023$383,031,440,582.968.00%
2024$394,278,026,905.832.94%*

* 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 1995 * 1995 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 148.667 in the year 1995 and 344.800 in 2024:

344.800 / 148.667 * $170,000,000,000 = $394,278,026,905.83

Therefore, according to U.S. Bureau of Labor Statistics, $170,000,000,000 in 1995 has the same "purchasing power" as $394,278,026,905.83 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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