Miami-Fort Lauderdale, Florida priced at $1,431,000 in 1985 $4,613,360.08 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($1,431,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 222.39% higher in 2024 versus 1985 (a $3,182,360.08 difference in value).

Between 1985 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.05% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $1,431,000 in the year 1985 would cost $4,613,360.08 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1985: Pricing changed by 2.82%, which is below the average yearly change for miami-fort lauderdale, florida during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), inflation for miami-fort lauderdale, florida was lower.

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
Admission to sporting events · Gasoline (all types) · Frankfurters · Airline fares · More

Buying power of $1,431,000.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,431,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,431,000.002.82%
1986$1,451,859.401.46%
1987$1,502,774.293.51%
1988$1,569,389.814.43%
1989$1,633,313.794.07%
1990$1,718,321.475.20%
1991$1,778,881.033.52%
1992$1,808,263.641.65%
1993$1,870,617.553.45%
1994$1,929,382.763.14%
1995$2,000,708.463.70%
1996$2,064,408.153.18%
1997$2,131,472.263.25%
1998$2,159,284.801.30%
1999$2,184,069.361.15%
2000$2,256,292.243.31%
2001$2,326,384.333.11%
2002$2,359,804.231.44%
2003$2,428,101.962.89%
2004$2,493,259.562.68%
2005$2,610,341.384.70%
2006$2,739,983.704.97%
2007$2,851,589.364.07%
2008$2,988,678.274.81%
2009$2,976,770.46-0.40%
2010$3,000,791.300.81%
2011$3,102,873.413.40%
2012$3,163,542.881.96%
2013$3,202,880.801.24%
2014$3,270,372.192.11%
2015$3,302,731.180.99%
2016$3,359,983.511.73%
2017$3,449,695.782.67%
2018$3,566,252.743.38%
2019$3,628,732.271.75%
2020$3,662,177.970.92%
2021$3,812,628.104.11%
2022$4,174,072.249.48%
2023$4,507,848.508.00%
2024$4,613,360.082.34%*

* 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 1985 * 1985 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 106.333 in the year 1985 and 342.805 in 2024:

342.805 / 106.333 * $1,431,000 = $4,613,360.08

Therefore, according to U.S. Bureau of Labor Statistics, $1,431,000 in 1985 has the same "purchasing power" as $4,613,360.08 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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