Miami-Fort Lauderdale, Florida priced at $6,000,000 in 1982 $21,299,585.78 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1982-2024 ($6,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 254.99% higher in 2024 versus 1982 (a $15,299,585.78 difference in value).

Between 1982 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.06% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $6,000,000 in the year 1982 would cost $21,299,585.78 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.82% 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 1982-2024 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%).

View price changes for other categories
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Buying power of $6,000,000.00 since 1982

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $6,000,000 beginning in 1982. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1982$6,000,000.007.30%
1983$6,193,648.603.23%
1984$6,425,612.703.75%
1985$6,606,834.662.82%
1986$6,703,141.181.46%
1987$6,938,211.943.51%
1988$7,245,771.494.43%
1989$7,540,904.384.07%
1990$7,933,379.365.20%
1991$8,212,978.943.52%
1992$8,348,636.521.65%
1993$8,636,520.543.45%
1994$8,907,835.693.14%
1995$9,237,141.873.70%
1996$9,531,239.213.18%
1997$9,840,869.873.25%
1998$9,969,278.561.30%
1999$10,083,707.281.15%
2000$10,417,155.683.31%
2001$10,740,766.313.11%
2002$10,895,063.861.44%
2003$11,210,390.062.89%
2004$11,511,218.502.68%
2005$12,051,777.704.70%
2006$12,650,327.934.97%
2007$13,165,604.074.07%
2008$13,798,534.694.81%
2009$13,743,557.13-0.40%
2010$13,854,459.790.81%
2011$14,325,766.313.40%
2012$14,605,873.321.96%
2013$14,787,493.961.24%
2014$15,099,097.342.11%
2015$15,248,496.720.99%
2016$15,512,827.061.73%
2017$15,927,022.782.67%
2018$16,465,158.783.38%
2019$16,753,622.711.75%
2020$16,908,039.350.92%
2021$17,602,657.924.11%
2022$19,271,422.169.48%
2023$20,812,445.638.00%
2024$21,299,585.782.34%*

* 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 1982 * 1982 USD value = 2024 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 342.805 in 2024:

342.805 / 96.567 * $6,000,000 = $21,299,585.78

Therefore, according to U.S. Bureau of Labor Statistics, $6,000,000 in 1982 has the same "purchasing power" as $21,299,585.78 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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