Miami-Fort Lauderdale, Florida priced at $293,506,292 in 1995 $676,785,366.11 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1995-2024 ($293,506,292)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 130.59% higher in 2024 versus 1995 (a $383,279,074.11 difference in value).

Between 1995 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.92% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $293,506,292 in the year 1995 would cost $676,785,366.11 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.48% 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 $293,506,292.00 since 1995

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $293,506,292 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$293,506,292.003.70%
1996$302,851,111.163.18%
1997$312,689,494.723.25%
1998$316,769,627.031.30%
1999$320,405,551.381.15%
2000$331,000,733.673.31%
2001$341,283,325.183.11%
2002$346,186,064.811.44%
2003$356,205,421.982.89%
2004$365,764,119.042.68%
2005$382,940,159.904.70%
2006$401,958,841.154.97%
2007$418,331,523.704.07%
2008$438,442,627.474.81%
2009$436,695,738.57-0.40%
2010$440,219,623.810.81%
2011$455,195,190.083.40%
2012$464,095,472.241.96%
2013$469,866,391.641.24%
2014$479,767,457.872.11%
2015$484,514,560.200.99%
2016$492,913,545.461.73%
2017$506,074,439.992.67%
2018$523,173,484.803.38%
2019$532,339,304.611.75%
2020$537,245,828.230.92%
2021$559,317,040.734.11%
2022$612,341,321.499.48%
2023$661,306,693.218.00%
2024$676,785,366.112.34%*

* 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 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 342.805 in 2024:

342.805 / 148.667 * $293,506,292 = $676,785,366.11

Therefore, according to U.S. Bureau of Labor Statistics, $293,506,292 in 1995 has the same "purchasing power" as $676,785,366.11 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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