Miami-Fort Lauderdale, Florida priced at $104,000,000 in 1980 $441,234,158.42 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($104,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 324.26% higher in 2024 versus 1980 (a $337,234,158.42 difference in value).

Between 1980 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.34% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $104,000,000 in the year 1980 would cost $441,234,158.42 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.06% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1980: Pricing changed by 14.04%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1980-2024 time period. Compared to inflation for all items in 1980 (13.55%), 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 $104,000,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $104,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$104,000,000.0014.04%
1981$115,841,584.1611.39%
1982$124,293,729.377.30%
1983$128,305,280.533.23%
1984$133,110,561.063.75%
1985$136,864,686.472.82%
1986$138,859,735.971.46%
1987$143,729,372.943.51%
1988$150,100,660.074.43%
1989$156,214,521.454.07%
1990$164,344,884.495.20%
1991$170,136,963.703.52%
1992$172,947,194.721.65%
1993$178,910,891.093.45%
1994$184,531,353.143.14%
1995$191,353,135.313.70%
1996$197,445,544.553.18%
1997$203,859,735.973.25%
1998$206,519,801.981.30%
1999$208,890,264.031.15%
2000$215,797,854.793.31%
2001$222,501,650.173.11%
2002$225,698,019.801.44%
2003$232,230,198.022.89%
2004$238,462,046.202.68%
2005$249,660,066.014.70%
2006$262,059,405.944.97%
2007$272,733,671.624.07%
2008$285,845,222.774.81%
2009$284,706,328.38-0.40%
2010$287,003,745.870.81%
2011$296,767,153.473.40%
2012$302,569,744.221.96%
2013$306,332,128.711.24%
2014$312,787,186.472.11%
2015$315,882,087.460.99%
2016$321,357,854.791.73%
2017$329,938,176.572.67%
2018$341,085,998.353.38%
2019$347,061,707.921.75%
2020$350,260,544.550.92%
2021$364,650,000.004.11%
2022$399,219,488.459.48%
2023$431,142,747.528.00%
2024$441,234,158.422.34%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965342.805

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1980 * 1980 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 80.800 in the year 1980 and 342.805 in 2024:

342.805 / 80.800 * $104,000,000 = $441,234,158.42

Therefore, according to U.S. Bureau of Labor Statistics, $104,000,000 in 1980 has the same "purchasing power" as $441,234,158.42 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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