Miami-Fort Lauderdale, Florida priced at $57,000 in 1990 $153,924.55 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($57,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 170.04% higher in 2024 versus 1990 (a $96,924.55 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 $57,000 in the year 1990 would cost $153,924.55 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
Fresh fruits · Juices and nonalcoholic drinks · New York · Hospital services · More

Buying power of $57,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $57,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$57,000.005.20%
1991$59,008.883.52%
1992$59,983.551.65%
1993$62,051.953.45%
1994$64,001.313.14%
1995$66,367.313.70%
1996$68,480.363.18%
1997$70,705.003.25%
1998$71,627.591.30%
1999$72,449.751.15%
2000$74,845.523.31%
2001$77,170.603.11%
2002$78,279.211.44%
2003$80,544.772.89%
2004$82,706.172.68%
2005$86,590.004.70%
2006$90,890.484.97%
2007$94,592.664.07%
2008$99,140.164.81%
2009$98,745.15-0.40%
2010$99,541.970.81%
2011$102,928.233.40%
2012$104,940.751.96%
2013$106,245.661.24%
2014$108,484.482.11%
2015$109,557.890.99%
2016$111,457.061.73%
2017$114,432.992.67%
2018$118,299.403.38%
2019$120,371.971.75%
2020$121,481.430.92%
2021$126,472.144.11%
2022$138,461.949.48%
2023$149,533.938.00%
2024$153,924.552.94%*

* 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 * $57,000 = $153,924.55

Therefore, according to U.S. Bureau of Labor Statistics, $57,000 in 1990 has the same "purchasing power" as $153,924.55 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.

» Read more about inflation and investment.