Miami-Fort Lauderdale, Florida priced at $21,494,550 in 1990 $58,044,543.85 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($21,494,550)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 170.04% higher in 2024 versus 1990 (a $36,549,993.85 difference in value).

Between 1990 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.96% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $21,494,550 in the year 1990 would cost $58,044,543.85 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%).

View price changes for other categories
Alcoholic beverages · Housing · Gasoline (all types) · Financial services · More

Buying power of $21,494,550.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $21,494,550 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$21,494,550.005.20%
1991$22,252,091.903.52%
1992$22,619,640.011.65%
1993$23,399,627.593.45%
1994$24,134,723.813.14%
1995$25,026,939.833.70%
1996$25,823,761.683.18%
1997$26,662,669.193.25%
1998$27,010,577.321.30%
1999$27,320,608.361.15%
2000$28,224,047.223.31%
2001$29,100,831.823.11%
2002$29,518,882.721.44%
2003$30,373,221.652.89%
2004$31,188,280.622.68%
2005$32,652,861.624.70%
2006$34,274,562.434.97%
2007$35,670,642.014.07%
2008$37,385,492.424.81%
2009$37,236,537.24-0.40%
2010$37,537,014.830.81%
2011$38,813,963.933.40%
2012$39,572,880.631.96%
2013$40,064,960.211.24%
2014$40,909,212.602.11%
2015$41,313,992.490.99%
2016$42,030,164.181.73%
2017$43,152,378.342.67%
2018$44,610,393.983.38%
2019$45,391,952.771.75%
2020$45,810,326.320.92%
2021$47,692,312.924.11%
2022$52,213,631.619.48%
2023$56,388,851.858.00%
2024$58,044,543.852.94%*

* 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 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 344.800 in 2024:

344.800 / 127.683 * $21,494,550 = $58,044,543.85

Therefore, according to U.S. Bureau of Labor Statistics, $21,494,550 in 1990 has the same "purchasing power" as $58,044,543.85 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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