Miami-Fort Lauderdale, Florida priced at $22,500 in 1980 $96,733.36 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($22,500)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 329.93% higher in 2024 versus 1980 (a $74,233.36 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 $22,500 in the year 1980 would cost $96,733.36 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 $22,500.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $22,500 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$22,500.0014.04%
1981$25,061.8811.39%
1982$26,890.477.30%
1983$27,758.353.23%
1984$28,797.963.75%
1985$29,610.152.82%
1986$30,041.771.46%
1987$31,095.303.51%
1988$32,473.704.43%
1989$33,796.414.07%
1990$35,555.385.20%
1991$36,808.483.52%
1992$37,416.461.65%
1993$38,706.683.45%
1994$39,922.653.14%
1995$41,398.513.70%
1996$42,716.583.18%
1997$44,104.273.25%
1998$44,679.761.30%
1999$45,192.611.15%
2000$46,687.043.31%
2001$48,137.383.11%
2002$48,828.901.44%
2003$50,242.112.89%
2004$51,590.352.68%
2005$54,013.004.70%
2006$56,695.544.97%
2007$59,004.884.07%
2008$61,841.514.81%
2009$61,595.12-0.40%
2010$62,092.160.81%
2011$64,204.433.40%
2012$65,459.801.96%
2013$66,273.781.24%
2014$67,670.302.11%
2015$68,339.870.99%
2016$69,524.541.73%
2017$71,380.862.67%
2018$73,792.643.38%
2019$75,085.471.75%
2020$75,777.520.92%
2021$78,890.634.11%
2022$86,369.609.48%
2023$93,276.088.00%
2024$96,733.363.71%*

* 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 * $22,500 = $96,733.36

Therefore, according to U.S. Bureau of Labor Statistics, $22,500 in 1980 has the same "purchasing power" as $96,733.36 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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