Miami-Fort Lauderdale, Florida priced at $100 in 2004 $165.98 in 2022

Miami-fort Lauderdale, Florida Inflation Calculator


Prices for Miami-fort Lauderdale, Florida, 2004-2022 ($100)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 65.98% higher in 2022 versus 2004 (a $65.98 difference in value).

Between 2004 and 2022: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.86% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $100 in the year 2004 would cost $165.98 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 2004: Pricing changed by 2.68%, which is below the average yearly change for miami-fort lauderdale, florida during the 2004-2022 time period. Compared to inflation for all items in 2004 (2.68%), 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 $100.00 since 2004

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $100 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2004 * 2004 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 185.267 in the year 2004 and 307.507 in 2022:

307.507 / 185.267 * $100 = $165.98

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2004 has the same "purchasing power" as $165.98 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.

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