Miami-Fort Lauderdale, Florida priced at $32,000,000 in 1990 $85,913,797.15 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($32,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 168.48% higher in 2024 versus 1990 (a $53,913,797.15 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 $32,000,000 in the year 1990 would cost $85,913,797.15 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% 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 $32,000,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $32,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$32,000,000.005.20%
1991$33,127,790.113.52%
1992$33,674,977.161.65%
1993$34,836,183.273.45%
1994$35,930,557.373.14%
1995$37,258,843.493.70%
1996$38,445,111.603.18%
1997$39,694,034.723.25%
1998$40,211,982.771.30%
1999$40,673,541.311.15%
2000$42,018,535.443.31%
2001$43,323,848.063.11%
2002$43,946,221.121.44%
2003$45,218,117.742.89%
2004$46,431,536.352.68%
2005$48,611,930.564.70%
2006$51,026,236.784.97%
2007$53,104,649.524.07%
2008$55,657,632.164.81%
2009$55,435,875.21-0.40%
2010$55,883,211.070.81%
2011$57,784,268.373.40%
2012$58,914,105.211.96%
2013$59,646,688.421.24%
2014$60,903,568.722.11%
2015$61,506,184.570.99%
2016$62,572,384.811.73%
2017$64,243,080.542.67%
2018$66,413,700.563.38%
2019$67,577,245.791.75%
2020$68,200,099.200.92%
2021$71,001,905.764.11%
2022$77,733,016.589.48%
2023$83,948,873.528.00%
2024$85,913,797.152.34%*

* 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 * $32,000,000 = $85,913,797.15

Therefore, according to U.S. Bureau of Labor Statistics, $32,000,000 in 1990 has the same "purchasing power" as $85,913,797.15 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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