Miami-Fort Lauderdale, Florida priced at $20 in 1982 $54.88 in 2018

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1982-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida were 174.42% higher in 2018 versus 1982 (a $34.88 difference in value).

Between 1982 and 2018: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.84% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $20 in the year 1982 would cost $54.88 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.69% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1982: Pricing changed by 7.30%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1982-2018 time period. Compared to inflation for all items in 1982 (6.13%), 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 1982

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $20 beginning in 1982. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1982$20.007.30%
1983$20.653.23%
1984$21.423.75%
1985$22.022.82%
1986$22.341.46%
1987$23.133.51%
1988$24.154.43%
1989$25.144.07%
1990$26.445.20%
1991$27.383.52%
1992$27.831.65%
1993$28.793.45%
1994$29.693.14%
1995$30.793.70%
1996$31.773.18%
1997$32.803.25%
1998$33.231.30%
1999$33.611.15%
2000$34.723.31%
2001$35.803.11%
2002$36.321.44%
2003$37.372.89%
2004$38.372.68%
2005$40.174.70%
2006$42.174.97%
2007$43.894.07%
2008$46.004.81%
2009$45.81-0.40%
2010$46.180.81%
2011$47.753.40%
2012$48.691.96%
2013$49.291.24%
2014$50.332.11%
2015$50.830.99%
2016$51.711.73%
2017$53.092.67%
2018$54.883.38%
2019$55.851.75%
2020$56.360.92%
2021$58.684.11%
2022$64.249.48%
2023$69.378.00%
2024$71.002.34%*

* 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 2018 / CPI in 1982 * 1982 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 96.567 in the year 1982 and 264.998 in 2018:

264.998 / 96.567 * $20 = $54.88

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1982 has the same "purchasing power" as $54.88 in 2018 (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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