Miami-Fort Lauderdale, Florida priced at $9,500,000,000 in 1984 $31,910,836,825.14 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1984-2024 ($9,500,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 235.90% higher in 2024 versus 1984 (a $22,410,836,825.14 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 $9,500,000,000 in the year 1984 would cost $31,910,836,825.14 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%).

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Buying power of $9,500,000,000.00 since 1984

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $9,500,000,000 beginning in 1984. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1984$9,500,000,000.003.75%
1985$9,767,929,089.442.82%
1986$9,910,314,262.691.46%
1987$10,257,856,567.283.51%
1988$10,712,570,507.664.43%
1989$11,148,912,167.614.07%
1990$11,729,170,024.175.20%
1991$12,142,546,333.603.52%
1992$12,343,110,394.841.65%
1993$12,768,734,891.223.45%
1994$13,169,863,013.703.14%
1995$13,656,728,444.803.70%
1996$14,091,539,081.393.18%
1997$14,549,315,068.493.25%
1998$14,739,161,966.161.30%
1999$14,908,340,048.351.15%
2000$15,401,329,572.933.31%
2001$15,879,774,375.503.11%
2002$16,107,896,857.371.44%
2003$16,574,093,473.012.89%
2004$17,018,855,761.482.68%
2005$17,818,049,959.714.70%
2006$18,702,981,466.564.97%
2007$19,464,795,729.254.07%
2008$20,400,557,211.934.81%
2009$20,319,275,181.31-0.40%
2010$20,483,240,128.930.81%
2011$21,180,047,139.403.40%
2012$21,594,173,650.281.96%
2013$21,862,692,183.721.24%
2014$22,323,384,770.352.11%
2015$22,544,265,511.680.99%
2016$22,935,066,881.551.73%
2017$23,547,437,953.262.67%
2018$24,343,049,556.813.38%
2019$24,769,531,426.271.75%
2020$24,997,829,975.830.92%
2021$26,024,794,520.554.11%
2022$28,491,992,747.789.48%
2023$30,770,331,587.438.00%
2024$31,910,836,825.143.71%*

* 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 * $9,500,000,000 = $31,910,836,825.14

Therefore, according to U.S. Bureau of Labor Statistics, $9,500,000,000 in 1984 has the same "purchasing power" as $31,910,836,825.14 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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