Miami-Fort Lauderdale, Florida priced at $100 in 1997 $195.43 in 2022

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1997-2022 ($100)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 95.43% higher in 2022 versus 1997 (a $95.43 difference in value).

Between 1997 and 2022: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.72% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $100 in the year 1997 would cost $195.43 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.42% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1997: Pricing changed by 3.25%, which is above the average yearly change for miami-fort lauderdale, florida during the 1997-2022 time period. Compared to inflation for all items in 1997 (2.33%), 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
Legal services · Wireless telephone services · Baby food · Philadelphia, Pennsylvania · More

Buying power of $100.00 since 1997

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $100 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$100.003.25%
1998$101.301.30%
1999$102.471.15%
2000$105.863.31%
2001$109.143.11%
2002$110.711.44%
2003$113.922.89%
2004$116.972.68%
2005$122.474.70%
2006$128.554.97%
2007$133.784.07%
2008$140.224.81%
2009$139.66-0.40%
2010$140.780.81%
2011$145.573.40%
2012$148.421.96%
2013$150.271.24%
2014$153.432.11%
2015$154.950.99%
2016$157.641.73%
2017$161.852.67%
2018$167.313.38%
2019$170.251.75%
2020$171.810.92%
2021$178.874.11%
2022$195.439.26%*

* 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:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.997243.012245.416249.670256.337264.998269.640272.125283.305309.529

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1997 * 1997 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 158.383 in the year 1997 and 309.529 in 2022:

309.529 / 158.383 * $100 = $195.43

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 1997 has the same "purchasing power" as $195.43 in 2022 (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.

» Read more about inflation and investment.