Miami-Fort Lauderdale, Florida priced at $189,000,000 in 1985 $617,443,892.63 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($189,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 226.69% higher in 2024 versus 1985 (a $428,443,892.63 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 $189,000,000 in the year 1985 would cost $617,443,892.63 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%).

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Buying power of $189,000,000.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $189,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$189,000,000.002.82%
1986$191,755,015.671.46%
1987$198,479,623.823.51%
1988$207,277,899.694.43%
1989$215,720,689.664.07%
1990$226,948,119.125.20%
1991$234,946,551.723.52%
1992$238,827,272.731.65%
1993$247,062,695.923.45%
1994$254,824,137.933.14%
1995$264,244,514.113.70%
1996$272,657,680.253.18%
1997$281,515,203.763.25%
1998$285,188,557.991.30%
1999$288,461,990.601.15%
2000$298,000,862.073.31%
2001$307,258,307.213.11%
2002$311,672,257.051.44%
2003$320,692,711.602.89%
2004$329,298,432.602.68%
2005$344,762,068.974.70%
2006$361,884,639.504.97%
2007$376,625,010.194.07%
2008$394,731,091.694.81%
2009$393,158,362.85-0.40%
2010$396,330,926.330.81%
2011$409,813,469.443.40%
2012$417,826,417.711.96%
2013$423,021,992.161.24%
2014$431,935,949.062.11%
2015$436,209,778.210.99%
2016$443,771,407.521.73%
2017$455,620,196.712.67%
2018$471,014,513.323.38%
2019$479,266,525.861.75%
2020$483,683,882.450.92%
2021$503,554,655.174.11%
2022$551,292,559.569.48%
2023$595,376,217.088.00%
2024$617,443,892.633.71%*

* 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 * $189,000,000 = $617,443,892.63

Therefore, according to U.S. Bureau of Labor Statistics, $189,000,000 in 1985 has the same "purchasing power" as $617,443,892.63 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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