Miami-Fort Lauderdale, Florida priced at $20,000,000 in 1990 $53,696,123.22 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($20,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 168.48% higher in 2024 versus 1990 (a $33,696,123.22 difference in value).

Between 1990 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.95% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $20,000,000 in the year 1990 would cost $53,696,123.22 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.58% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1990: Pricing changed by 5.20%, which is above the average yearly change for miami-fort lauderdale, florida during the 1990-2024 time period. Compared to inflation for all items in 1990 (5.40%), 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 $20,000,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $20,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$20,000,000.005.20%
1991$20,704,868.823.52%
1992$21,046,860.721.65%
1993$21,772,614.543.45%
1994$22,456,598.363.14%
1995$23,286,777.183.70%
1996$24,028,194.753.18%
1997$24,808,771.703.25%
1998$25,132,489.231.30%
1999$25,420,963.321.15%
2000$26,261,584.653.31%
2001$27,077,405.043.11%
2002$27,466,388.201.44%
2003$28,261,323.592.89%
2004$29,019,710.222.68%
2005$30,382,456.604.70%
2006$31,891,397.994.97%
2007$33,190,405.954.07%
2008$34,786,020.104.81%
2009$34,647,422.01-0.40%
2010$34,927,006.920.81%
2011$36,115,167.733.40%
2012$36,821,315.761.96%
2013$37,279,180.261.24%
2014$38,064,730.452.11%
2015$38,441,365.360.99%
2016$39,107,740.501.73%
2017$40,151,925.342.67%
2018$41,508,562.853.38%
2019$42,235,778.621.75%
2020$42,625,062.000.92%
2021$44,376,191.104.11%
2022$48,583,135.369.48%
2023$52,468,045.958.00%
2024$53,696,123.222.34%*

* 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 1990 * 1990 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 127.683 in the year 1990 and 342.805 in 2024:

342.805 / 127.683 * $20,000,000 = $53,696,123.22

Therefore, according to U.S. Bureau of Labor Statistics, $20,000,000 in 1990 has the same "purchasing power" as $53,696,123.22 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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