Miami-Fort Lauderdale, Florida priced at $14,000,000 in 1990 $38,088,945.31 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($14,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 172.06% higher in 2024 versus 1990 (a $24,088,945.31 difference in value).

Between 1990 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.99% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $14,000,000 in the year 1990 would cost $38,088,945.31 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.61% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1990: Pricing changed by 5.20%, which is above the average yearly change for miami-fort lauderdale, florida during the 1990-2024 time period. Compared to inflation for all items in 1990 (5.40%), 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
Women's apparel · Juices and nonalcoholic drinks · Parking fees and tolls · Televisions · More

Buying power of $14,000,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $14,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$14,000,000.005.20%
1991$14,493,408.173.52%
1992$14,732,802.511.65%
1993$15,240,830.183.45%
1994$15,719,618.853.14%
1995$16,300,744.033.70%
1996$16,819,736.333.18%
1997$17,366,140.193.25%
1998$17,592,742.461.30%
1999$17,794,674.321.15%
2000$18,383,109.253.31%
2001$18,954,183.533.11%
2002$19,226,471.741.44%
2003$19,782,926.512.89%
2004$20,313,797.152.68%
2005$21,267,719.624.70%
2006$22,323,978.594.97%
2007$23,233,284.174.07%
2008$24,350,214.074.81%
2009$24,253,195.41-0.40%
2010$24,448,904.840.81%
2011$25,280,617.413.40%
2012$25,774,921.031.96%
2013$26,095,426.181.24%
2014$26,645,311.322.11%
2015$26,908,955.750.99%
2016$27,375,418.351.73%
2017$28,106,347.742.67%
2018$29,055,994.003.38%
2019$29,565,045.031.75%
2020$29,837,543.400.92%
2021$31,063,333.774.11%
2022$34,008,194.759.48%
2023$36,727,632.168.00%
2024$38,088,945.313.71%*

* 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 1990 * 1990 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 127.683 in the year 1990 and 347.380 in 2024:

347.380 / 127.683 * $14,000,000 = $38,088,945.31

Therefore, according to U.S. Bureau of Labor Statistics, $14,000,000 in 1990 has the same "purchasing power" as $38,088,945.31 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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