Miami-Fort Lauderdale, Florida priced at $185,924.25 in 1985 $607,395.73 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($185,924.25)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 226.69% higher in 2024 versus 1985 (a $421,471.48 difference in value).

Between 1985 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 $185,924.25 in the year 1985 would cost $607,395.73 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1985: Pricing changed by 2.82%, which is below the average yearly change for miami-fort lauderdale, florida during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), 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 $185,924.25 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $185,924.25 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$185,924.252.82%
1986$188,634.431.46%
1987$195,249.603.51%
1988$203,904.704.43%
1989$212,210.094.07%
1990$223,254.815.20%
1991$231,123.083.52%
1992$234,940.641.65%
1993$243,042.043.45%
1994$250,677.183.14%
1995$259,944.253.70%
1996$268,220.503.18%
1997$276,933.883.25%
1998$280,547.451.30%
1999$283,767.621.15%
2000$293,151.253.31%
2001$302,258.043.11%
2002$306,600.161.44%
2003$315,473.822.89%
2004$323,939.492.68%
2005$339,151.484.70%
2006$355,995.404.97%
2007$370,495.894.07%
2008$388,307.314.81%
2009$386,760.18-0.40%
2010$389,881.110.81%
2011$403,144.243.40%
2012$411,026.791.96%
2013$416,137.811.24%
2014$424,906.712.11%
2015$429,110.980.99%
2016$436,549.561.73%
2017$448,205.522.67%
2018$463,349.313.38%
2019$471,467.031.75%
2020$475,812.500.92%
2021$495,359.904.11%
2022$542,320.939.48%
2023$585,687.188.00%
2024$607,395.733.71%*

* 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 1985 * 1985 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 106.333 in the year 1985 and 347.380 in 2024:

347.380 / 106.333 * $185,924.25 = $607,395.73

Therefore, according to U.S. Bureau of Labor Statistics, $185,924.25 in 1985 has the same "purchasing power" as $607,395.73 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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