Miami-Fort Lauderdale, Florida priced at $2,000,000,000 in 2000 $4,089,328,495.45 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 2000-2024 ($2,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 104.47% higher in 2024 versus 2000 (a $2,089,328,495.45 difference in value).

Between 2000 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.02% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $2,000,000,000 in the year 2000 would cost $4,089,328,495.45 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 2000: Pricing changed by 3.31%, which is above the average yearly change for miami-fort lauderdale, florida during the 2000-2024 time period. Compared to inflation for all items in 2000 (3.38%), inflation for miami-fort lauderdale, florida was lower.

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
Rent of primary residence · Wireless telephone services · Seattle, Washington · Philadelphia, Pennsylvania · More

Buying power of $2,000,000,000.00 since 2000

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $2,000,000,000 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$2,000,000,000.003.31%
2001$2,062,130,324.573.11%
2002$2,091,754,063.321.44%
2003$2,152,293,851.582.89%
2004$2,210,050,201.302.68%
2005$2,313,832,695.464.70%
2006$2,428,748,943.784.97%
2007$2,527,677,319.954.07%
2008$2,649,194,293.954.81%
2009$2,638,639,097.37-0.40%
2010$2,659,931,408.120.81%
2011$2,750,418,012.823.40%
2012$2,804,196,033.601.96%
2013$2,839,065,559.921.24%
2014$2,898,890,600.922.11%
2015$2,927,573,935.090.99%
2016$2,978,322,978.281.73%
2017$3,057,844,823.302.67%
2018$3,161,162,085.593.38%
2019$3,216,544,559.871.75%
2020$3,246,191,162.580.92%
2021$3,379,551,667.584.11%
2022$3,699,939,360.809.48%
2023$3,995,801,978.238.00%
2024$4,089,328,495.452.34%*

* 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 2000 * 2000 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 167.658 in the year 2000 and 342.805 in 2024:

342.805 / 167.658 * $2,000,000,000 = $4,089,328,495.45

Therefore, according to U.S. Bureau of Labor Statistics, $2,000,000,000 in 2000 has the same "purchasing power" as $4,089,328,495.45 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.

» Read more about inflation and investment.