Miami-Fort Lauderdale, Florida priced at $42,500 in 1985 $138,843.20 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($42,500)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 226.69% higher in 2024 versus 1985 (a $96,343.20 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 $42,500 in the year 1985 would cost $138,843.20 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 $42,500.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $42,500 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$42,500.002.82%
1986$43,119.511.46%
1987$44,631.663.51%
1988$46,610.114.43%
1989$48,508.624.07%
1990$51,033.315.20%
1991$52,831.903.52%
1992$53,704.551.65%
1993$55,556.433.45%
1994$57,301.723.14%
1995$59,420.063.70%
1996$61,311.913.18%
1997$63,303.683.25%
1998$64,129.701.30%
1999$64,865.791.15%
2000$67,010.783.31%
2001$69,092.483.11%
2002$70,085.031.44%
2003$72,113.442.89%
2004$74,048.592.68%
2005$77,525.864.70%
2006$81,376.184.97%
2007$84,690.814.07%
2008$88,762.284.81%
2009$88,408.63-0.40%
2010$89,122.030.81%
2011$92,153.823.40%
2012$93,955.681.96%
2013$95,123.991.24%
2014$97,128.452.11%
2015$98,089.500.99%
2016$99,789.871.73%
2017$102,454.282.67%
2018$105,915.963.38%
2019$107,771.571.75%
2020$108,764.890.92%
2021$113,233.194.11%
2022$123,967.909.48%
2023$133,880.908.00%
2024$138,843.203.71%*

* 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 * $42,500 = $138,843.20

Therefore, according to U.S. Bureau of Labor Statistics, $42,500 in 1985 has the same "purchasing power" as $138,843.20 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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