Miami-Fort Lauderdale, Florida priced at $71,000,000 in 1990 $191,730,583.47 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1990-2024 ($71,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 170.04% higher in 2024 versus 1990 (a $120,730,583.47 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 $71,000,000 in the year 1990 would cost $191,730,583.47 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 · Fresh fruits · Parking fees and tolls · San Francisco, California · More

Buying power of $71,000,000.00 since 1990

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $71,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1990$71,000,000.005.20%
1991$73,502,284.303.52%
1992$74,716,355.571.65%
1993$77,292,781.623.45%
1994$79,720,924.163.14%
1995$82,668,059.003.70%
1996$85,300,091.373.18%
1997$88,071,139.543.25%
1998$89,220,336.771.30%
1999$90,244,419.791.15%
2000$93,228,625.513.31%
2001$96,124,787.893.11%
2002$97,505,678.111.44%
2003$100,327,698.732.89%
2004$103,019,971.282.68%
2005$107,857,720.924.70%
2006$113,214,462.864.97%
2007$117,825,941.134.07%
2008$123,490,371.364.81%
2009$122,998,348.13-0.40%
2010$123,990,874.560.81%
2011$128,208,845.453.40%
2012$130,715,670.931.96%
2013$132,341,089.941.24%
2014$135,129,793.112.11%
2015$136,466,847.020.99%
2016$138,832,478.791.73%
2017$142,539,334.942.67%
2018$147,355,398.123.38%
2019$149,937,014.101.75%
2020$151,318,970.110.92%
2021$157,535,478.404.11%
2022$172,470,130.539.48%
2023$186,261,563.118.00%
2024$191,730,583.472.94%*

* 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 * $71,000,000 = $191,730,583.47

Therefore, according to U.S. Bureau of Labor Statistics, $71,000,000 in 1990 has the same "purchasing power" as $191,730,583.47 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.