Miami-Fort Lauderdale, Florida priced at $77,000 in 1995 $178,584.75 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1995-2024 ($77,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 131.93% higher in 2024 versus 1995 (a $101,584.75 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 $77,000 in the year 1995 would cost $178,584.75 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%).

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Buying power of $77,000.00 since 1995

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $77,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$77,000.003.70%
1996$79,451.573.18%
1997$82,032.623.25%
1998$83,103.031.30%
1999$84,056.891.15%
2000$86,836.493.31%
2001$89,534.083.11%
2002$90,820.291.44%
2003$93,448.822.89%
2004$95,956.502.68%
2005$100,462.564.70%
2006$105,452.024.97%
2007$109,747.314.07%
2008$115,023.374.81%
2009$114,565.08-0.40%
2010$115,489.550.81%
2011$119,418.323.40%
2012$121,753.271.96%
2013$123,267.251.24%
2014$125,864.742.11%
2015$127,110.120.99%
2016$129,313.561.73%
2017$132,766.262.67%
2018$137,252.113.38%
2019$139,656.721.75%
2020$140,943.920.92%
2021$146,734.204.11%
2022$160,644.889.48%
2023$173,490.718.00%
2024$178,584.752.94%*

* 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 * $77,000 = $178,584.75

Therefore, according to U.S. Bureau of Labor Statistics, $77,000 in 1995 has the same "purchasing power" as $178,584.75 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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