Miami-Fort Lauderdale, Florida priced at $1,431,000 in 1990 $3,893,234.34 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($1,431,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 172.06% higher in 2024 versus 1990 (a $2,462,234.34 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 $1,431,000 in the year 1990 would cost $3,893,234.34 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%).

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Buying power of $1,431,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,431,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$1,431,000.005.20%
1991$1,481,433.363.52%
1992$1,505,902.881.65%
1993$1,557,830.573.45%
1994$1,606,769.613.14%
1995$1,666,168.913.70%
1996$1,719,217.333.18%
1997$1,775,067.623.25%
1998$1,798,229.601.30%
1999$1,818,869.931.15%
2000$1,879,016.383.31%
2001$1,937,388.333.11%
2002$1,965,220.081.44%
2003$2,022,097.702.89%
2004$2,076,360.272.68%
2005$2,173,864.774.70%
2006$2,281,829.534.97%
2007$2,374,773.554.07%
2008$2,488,939.744.81%
2009$2,479,023.04-0.40%
2010$2,499,027.340.81%
2011$2,584,040.253.40%
2012$2,634,565.141.96%
2013$2,667,325.351.24%
2014$2,723,531.462.11%
2015$2,750,479.690.99%
2016$2,798,158.831.73%
2017$2,872,870.262.67%
2018$2,969,937.673.38%
2019$3,021,969.961.75%
2020$3,049,823.190.92%
2021$3,175,116.474.11%
2022$3,476,123.349.48%
2023$3,754,088.698.00%
2024$3,893,234.343.71%*

* 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 * $1,431,000 = $3,893,234.34

Therefore, according to U.S. Bureau of Labor Statistics, $1,431,000 in 1990 has the same "purchasing power" as $3,893,234.34 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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