Miami-Fort Lauderdale, Florida priced at $1,650 in 1985 $5,319.39 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($1,650)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 222.39% higher in 2024 versus 1985 (a $3,669.39 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 $1,650 in the year 1985 would cost $5,319.39 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%).

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Buying power of $1,650.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,650 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,650.002.82%
1986$1,674.051.46%
1987$1,732.763.51%
1988$1,809.574.43%
1989$1,883.284.07%
1990$1,981.295.20%
1991$2,051.123.52%
1992$2,085.001.65%
1993$2,156.903.45%
1994$2,224.663.14%
1995$2,306.903.70%
1996$2,380.343.18%
1997$2,457.673.25%
1998$2,489.741.30%
1999$2,518.321.15%
2000$2,601.593.31%
2001$2,682.413.11%
2002$2,720.951.44%
2003$2,799.702.89%
2004$2,874.832.68%
2005$3,009.834.70%
2006$3,159.314.97%
2007$3,288.004.07%
2008$3,446.074.81%
2009$3,432.33-0.40%
2010$3,460.030.81%
2011$3,577.743.40%
2012$3,647.691.96%
2013$3,693.051.24%
2014$3,770.872.11%
2015$3,808.180.99%
2016$3,874.191.73%
2017$3,977.642.67%
2018$4,112.033.38%
2019$4,184.071.75%
2020$4,222.640.92%
2021$4,396.114.11%
2022$4,812.879.48%
2023$5,197.738.00%
2024$5,319.392.34%*

* 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 * $1,650 = $5,319.39

Therefore, according to U.S. Bureau of Labor Statistics, $1,650 in 1985 has the same "purchasing power" as $5,319.39 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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