Miami-Fort Lauderdale, Florida priced at $734,120,651 in 2000 $1,509,765,696.89 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 2000-2024 ($734,120,651)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 105.66% higher in 2024 versus 2000 (a $775,645,045.89 difference in value).

Between 2000 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.05% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $734,120,651 in the year 2000 would cost $1,509,765,696.89 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% 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
Milk · Parking fees and tolls · New trucks · Food · More

Buying power of $734,120,651.00 since 2000

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $734,120,651 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$734,120,651.003.31%
2001$756,926,228.163.11%
2002$767,799,927.351.44%
2003$790,021,681.732.89%
2004$811,221,746.262.68%
2005$849,316,182.354.70%
2006$891,497,377.864.97%
2007$927,810,059.824.07%
2008$972,414,119.854.81%
2009$968,539,725.96-0.40%
2010$976,355,288.470.81%
2011$1,009,569,331.053.40%
2012$1,029,309,108.861.96%
2013$1,042,108,328.541.24%
2014$1,064,067,727.562.11%
2015$1,074,596,241.540.99%
2016$1,093,224,201.851.73%
2017$1,122,413,516.172.67%
2018$1,160,337,184.103.38%
2019$1,180,665,893.131.75%
2020$1,191,547,984.770.92%
2021$1,240,499,335.154.11%
2022$1,358,100,946.119.48%
2023$1,466,700,374.768.00%
2024$1,509,765,696.892.94%*

* 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 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 344.800 in 2024:

344.800 / 167.658 * $734,120,651 = $1,509,765,696.89

Therefore, according to U.S. Bureau of Labor Statistics, $734,120,651 in 2000 has the same "purchasing power" as $1,509,765,696.89 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.