Miami-Fort Lauderdale, Florida priced at $20 in 1977 $99.85 in 2022

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1977-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 399.24% higher in 2022 versus 1977 (a $79.85 difference in value).

Between 1977 and 2022: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.64% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $20 in the year 1977 would cost $99.85 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.55% during this same period, 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 $20.00 since 1977

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $20 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$20.00-
1978$20.834.17%
1979$22.859.70%
1980$26.0614.04%
1981$29.0311.39%
1982$31.157.30%
1983$32.163.23%
1984$33.363.75%
1985$34.302.82%
1986$34.801.46%
1987$36.023.51%
1988$37.624.43%
1989$39.154.07%
1990$41.195.20%
1991$42.643.52%
1992$43.341.65%
1993$44.843.45%
1994$46.253.14%
1995$47.963.70%
1996$49.483.18%
1997$51.093.25%
1998$51.761.30%
1999$52.351.15%
2000$54.083.31%
2001$55.763.11%
2002$56.561.44%
2003$58.202.89%
2004$59.762.68%
2005$62.574.70%
2006$65.684.97%
2007$68.354.07%
2008$71.644.81%
2009$71.35-0.40%
2010$71.930.81%
2011$74.383.40%
2012$75.831.96%
2013$76.771.24%
2014$78.392.11%
2015$79.170.99%
2016$80.541.73%
2017$82.692.67%
2018$85.483.38%
2019$86.981.75%
2020$87.780.92%
2021$91.394.11%
2022$99.859.26%*

* 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:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.997243.012245.416249.670256.337264.998269.640272.125283.305309.529

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1977 * 1977 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 62.000 in the year 1977 and 309.529 in 2022:

309.529 / 62.000 * $20 = $99.85

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1977 has the same "purchasing power" as $99.85 in 2022 (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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