Miami-Fort Lauderdale, Florida priced at $44,000,000 in 1995 $102,812,091.93 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1995-2024 ($44,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 133.66% higher in 2024 versus 1995 (a $58,812,091.93 difference in value).

Between 1995 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.97% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $44,000,000 in the year 1995 would cost $102,812,091.93 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1995: Pricing changed by 3.70%, which is above the average yearly change for miami-fort lauderdale, florida during the 1995-2024 time period. Compared to inflation for all items in 1995 (2.81%), inflation for miami-fort lauderdale, florida was higher.

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 $44,000,000.00 since 1995

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $44,000,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$44,000,000.003.70%
1996$45,400,896.863.18%
1997$46,875,784.753.25%
1998$47,487,443.951.30%
1999$48,032,511.211.15%
2000$49,620,852.023.31%
2001$51,162,331.843.11%
2002$51,897,309.421.44%
2003$53,399,327.352.89%
2004$54,832,287.002.68%
2005$57,407,174.894.70%
2006$60,258,295.964.97%
2007$62,712,751.124.07%
2008$65,727,639.014.81%
2009$65,465,760.09-0.40%
2010$65,994,031.390.81%
2011$68,239,042.603.40%
2012$69,573,298.211.96%
2013$70,438,426.011.24%
2014$71,922,710.762.11%
2015$72,634,356.500.99%
2016$73,893,461.881.73%
2017$75,866,432.742.67%
2018$78,429,778.033.38%
2019$79,803,840.811.75%
2020$80,539,385.650.92%
2021$83,848,116.594.11%
2022$91,797,071.759.48%
2023$99,137,549.338.00%
2024$102,812,091.933.71%*

* 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 1995 * 1995 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 148.667 in the year 1995 and 347.380 in 2024:

347.380 / 148.667 * $44,000,000 = $102,812,091.93

Therefore, according to U.S. Bureau of Labor Statistics, $44,000,000 in 1995 has the same "purchasing power" as $102,812,091.93 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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