Miami-Fort Lauderdale, Florida priced at $44,000,000 in 1984 $147,797,560.03 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1984-2024 ($44,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 235.90% higher in 2024 versus 1984 (a $103,797,560.03 difference in value).

Between 1984 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.08% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $44,000,000 in the year 1984 would cost $147,797,560.03 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.80% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1984: Pricing changed by 3.75%, which is above the average yearly change for miami-fort lauderdale, florida during the 1984-2024 time period. Compared to inflation for all items in 1984 (4.30%), 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
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Buying power of $44,000,000.00 since 1984

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $44,000,000 beginning in 1984. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1984$44,000,000.003.75%
1985$45,240,934.732.82%
1986$45,900,402.901.46%
1987$47,510,072.523.51%
1988$49,616,116.044.43%
1989$51,637,066.884.07%
1990$54,324,576.955.20%
1991$56,239,161.973.52%
1992$57,168,090.251.65%
1993$59,139,403.713.45%
1994$60,997,260.273.14%
1995$63,252,215.953.70%
1996$65,266,075.753.18%
1997$67,386,301.373.25%
1998$68,265,592.261.30%
1999$69,049,153.911.15%
2000$71,332,473.813.31%
2001$73,548,428.693.11%
2002$74,604,995.971.44%
2003$76,764,222.402.89%
2004$78,824,174.052.68%
2005$82,525,705.084.70%
2006$86,624,335.214.97%
2007$90,152,738.114.07%
2008$94,486,791.304.81%
2009$94,110,327.16-0.40%
2010$94,869,743.760.81%
2011$98,097,060.443.40%
2012$100,015,120.061.96%
2013$101,258,784.851.24%
2014$103,392,518.942.11%
2015$104,415,545.530.99%
2016$106,225,572.931.73%
2017$109,061,817.892.67%
2018$112,746,755.843.38%
2019$114,722,040.291.75%
2020$115,779,423.050.92%
2021$120,535,890.414.11%
2022$131,962,913.789.48%
2023$142,515,219.988.00%
2024$147,797,560.033.71%*

* 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 1984 * 1984 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 103.417 in the year 1984 and 347.380 in 2024:

347.380 / 103.417 * $44,000,000 = $147,797,560.03

Therefore, according to U.S. Bureau of Labor Statistics, $44,000,000 in 1984 has the same "purchasing power" as $147,797,560.03 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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