Miami-Fort Lauderdale, Florida priced at $130,000 in 1980 $558,903.87 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($130,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 329.93% higher in 2024 versus 1980 (a $428,903.87 difference in value).

Between 1980 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.37% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $130,000 in the year 1980 would cost $558,903.87 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.08% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1980: Pricing changed by 14.04%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1980-2024 time period. Compared to inflation for all items in 1980 (13.55%), 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
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Buying power of $130,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $130,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$130,000.0014.04%
1981$144,801.9811.39%
1982$155,367.167.30%
1983$160,381.603.23%
1984$166,388.203.75%
1985$171,080.862.82%
1986$173,574.671.46%
1987$179,661.723.51%
1988$187,625.834.43%
1989$195,268.154.07%
1990$205,431.115.20%
1991$212,671.203.52%
1992$216,183.991.65%
1993$223,638.613.45%
1994$230,664.193.14%
1995$239,191.423.70%
1996$246,806.933.18%
1997$254,824.673.25%
1998$258,149.751.30%
1999$261,112.831.15%
2000$269,747.323.31%
2001$278,127.063.11%
2002$282,122.521.44%
2003$290,287.752.89%
2004$298,077.562.68%
2005$312,075.084.70%
2006$327,574.264.97%
2007$340,917.094.07%
2008$357,306.534.81%
2009$355,882.91-0.40%
2010$358,754.680.81%
2011$370,958.943.40%
2012$378,212.181.96%
2013$382,915.161.24%
2014$390,983.982.11%
2015$394,852.610.99%
2016$401,697.321.73%
2017$412,422.722.67%
2018$426,357.503.38%
2019$433,827.131.75%
2020$437,825.680.92%
2021$455,812.504.11%
2022$499,024.369.48%
2023$538,928.438.00%
2024$558,903.873.71%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1980 * 1980 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 80.800 in the year 1980 and 347.380 in 2024:

347.380 / 80.800 * $130,000 = $558,903.87

Therefore, according to U.S. Bureau of Labor Statistics, $130,000 in 1980 has the same "purchasing power" as $558,903.87 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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