Miami-Fort Lauderdale, Florida priced at $357,100,000 in 1986 $1,141,307,708.94 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1986-2024 ($357,100,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 219.60% higher in 2024 versus 1986 (a $784,207,708.94 difference in value).

Between 1986 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.10% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $357,100,000 in the year 1986 would cost $1,141,307,708.94 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1986: Pricing changed by 1.46%, which is below the average yearly change for miami-fort lauderdale, florida during the 1986-2024 time period. Compared to inflation for all items in 1986 (1.90%), 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 $357,100,000.00 since 1986

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $357,100,000 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$357,100,000.001.46%
1987$369,623,049.593.51%
1988$386,007,832.544.43%
1989$401,730,604.054.07%
1990$422,639,131.785.20%
1991$437,534,389.003.52%
1992$444,761,347.131.65%
1993$460,097,945.313.45%
1994$474,551,861.583.14%
1995$492,095,164.533.70%
1996$507,762,768.423.18%
1997$524,257,886.613.25%
1998$531,098,671.401.30%
1999$537,194,693.341.15%
2000$554,958,666.773.31%
2001$572,198,547.813.11%
2002$580,418,523.101.44%
2003$597,217,063.192.89%
2004$613,243,256.602.68%
2005$642,040,753.904.70%
2006$673,927,637.884.97%
2007$701,378,217.754.07%
2008$735,096,666.694.81%
2009$732,167,817.78-0.40%
2010$738,075,993.970.81%
2011$763,184,156.733.40%
2012$778,106,446.081.96%
2013$787,782,019.001.24%
2014$804,382,231.502.11%
2015$812,341,263.940.99%
2016$826,423,074.621.73%
2017$848,488,743.162.67%
2018$877,157,148.233.38%
2019$892,524,640.271.75%
2020$900,750,959.830.92%
2021$937,755,743.864.11%
2022$1,026,656,707.409.48%
2023$1,108,752,469.268.00%
2024$1,141,307,708.942.94%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965344.800

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1986 * 1986 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 107.883 in the year 1986 and 344.800 in 2024:

344.800 / 107.883 * $357,100,000 = $1,141,307,708.94

Therefore, according to U.S. Bureau of Labor Statistics, $357,100,000 in 1986 has the same "purchasing power" as $1,141,307,708.94 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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