Miami-Fort Lauderdale, Florida priced at $3,975 in 1980 $17,089.56 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($3,975)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 329.93% higher in 2024 versus 1980 (a $13,114.56 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 $3,975 in the year 1980 would cost $17,089.56 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 $3,975.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $3,975 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$3,975.0014.04%
1981$4,427.6011.39%
1982$4,750.657.30%
1983$4,903.983.23%
1984$5,087.643.75%
1985$5,231.132.82%
1986$5,307.381.46%
1987$5,493.503.51%
1988$5,737.024.43%
1989$5,970.704.07%
1990$6,281.455.20%
1991$6,502.833.52%
1992$6,610.241.65%
1993$6,838.183.45%
1994$7,053.003.14%
1995$7,313.743.70%
1996$7,546.603.18%
1997$7,791.753.25%
1998$7,893.431.30%
1999$7,984.031.15%
2000$8,248.043.31%
2001$8,504.273.11%
2002$8,626.441.44%
2003$8,876.112.89%
2004$9,114.292.68%
2005$9,542.304.70%
2006$10,016.214.97%
2007$10,424.204.07%
2008$10,925.334.81%
2009$10,881.80-0.40%
2010$10,969.610.81%
2011$11,342.783.40%
2012$11,564.561.96%
2013$11,708.371.24%
2014$11,955.092.11%
2015$12,073.380.99%
2016$12,282.671.73%
2017$12,610.622.67%
2018$13,036.703.38%
2019$13,265.101.75%
2020$13,387.360.92%
2021$13,937.344.11%
2022$15,258.639.48%
2023$16,478.778.00%
2024$17,089.563.71%*

* 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 * $3,975 = $17,089.56

Therefore, according to U.S. Bureau of Labor Statistics, $3,975 in 1980 has the same "purchasing power" as $17,089.56 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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