Miami-Fort Lauderdale, Florida priced at $64,000,000 in 1985 $206,327,774.29 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($64,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 222.39% higher in 2024 versus 1985 (a $142,327,774.29 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 $64,000,000 in the year 1985 would cost $206,327,774.29 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
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Buying power of $64,000,000.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $64,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$64,000,000.002.82%
1986$64,932,915.361.46%
1987$67,210,031.353.51%
1988$70,189,341.694.43%
1989$73,048,275.864.07%
1990$76,850,156.745.20%
1991$79,558,620.693.52%
1992$80,872,727.271.65%
1993$83,661,442.013.45%
1994$86,289,655.173.14%
1995$89,479,623.823.70%
1996$92,328,526.653.18%
1997$95,327,899.693.25%
1998$96,571,786.831.30%
1999$97,680,250.781.15%
2000$100,910,344.833.31%
2001$104,045,141.073.11%
2002$105,539,811.911.44%
2003$108,594,357.372.89%
2004$111,508,463.952.68%
2005$116,744,827.594.70%
2006$122,542,946.714.97%
2007$127,534,394.984.07%
2008$133,665,554.864.81%
2009$133,132,990.60-0.40%
2010$134,207,297.810.81%
2011$138,772,815.053.40%
2012$141,486,194.361.96%
2013$143,245,542.321.24%
2014$146,264,025.082.11%
2015$147,711,247.650.99%
2016$150,271,799.371.73%
2017$154,284,087.772.67%
2018$159,496,978.063.38%
2019$162,291,310.341.75%
2020$163,787,134.800.92%
2021$170,515,862.074.11%
2022$186,681,078.379.48%
2023$201,608,877.748.00%
2024$206,327,774.292.34%*

* 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 * $64,000,000 = $206,327,774.29

Therefore, according to U.S. Bureau of Labor Statistics, $64,000,000 in 1985 has the same "purchasing power" as $206,327,774.29 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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