According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 159.34% higher in 2024 versus 1991 (a $55,769,196.82 difference in value).
Between 1991 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.93% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $35,000,000 in the year 1991 would cost $90,769,196.82 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation for miami-fort lauderdale, florida was higher.
In the year 1991: Pricing changed by 3.52%, which is above the average yearly change for miami-fort lauderdale, florida during the 1991-2024 time period. Compared to inflation for all items in 1991 (4.23%), inflation for miami-fort lauderdale, florida was lower.
Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $35,000,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1991 | $35,000,000.00 | 3.52% |
1992 | $35,578,111.21 | 1.65% |
1993 | $36,804,942.63 | 3.45% |
1994 | $37,961,165.05 | 3.14% |
1995 | $39,364,518.98 | 3.70% |
1996 | $40,617,828.77 | 3.18% |
1997 | $41,937,334.51 | 3.25% |
1998 | $42,484,554.28 | 1.30% |
1999 | $42,972,197.71 | 1.15% |
2000 | $44,393,203.88 | 3.31% |
2001 | $45,772,285.97 | 3.11% |
2002 | $46,429,832.30 | 1.44% |
2003 | $47,773,609.89 | 2.89% |
2004 | $49,055,604.59 | 2.68% |
2005 | $51,359,223.30 | 4.70% |
2006 | $53,909,973.52 | 4.97% |
2007 | $56,105,847.31 | 4.07% |
2008 | $58,803,111.21 | 4.81% |
2009 | $58,568,821.71 | -0.40% |
2010 | $59,041,438.66 | 0.81% |
2011 | $61,049,933.80 | 3.40% |
2012 | $62,243,623.12 | 1.96% |
2013 | $63,017,608.12 | 1.24% |
2014 | $64,345,520.74 | 2.11% |
2015 | $64,982,193.29 | 0.99% |
2016 | $66,108,649.60 | 1.73% |
2017 | $67,873,764.34 | 2.67% |
2018 | $70,167,056.49 | 3.38% |
2019 | $71,396,359.22 | 1.75% |
2020 | $72,054,413.06 | 0.92% |
2021 | $75,014,563.11 | 4.11% |
2022 | $82,126,081.20 | 9.48% |
2023 | $88,693,225.95 | 8.00% |
2024 | $90,769,196.82 | 2.34%* |
* 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:
Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 62.000 | 64.583 | 70.850 | 80.800 | 90.000 | 96.567 | 99.683 | 103.417 | 106.333 | 107.883 | 111.667 | 116.617 | 121.367 | 127.683 | 132.183 | 134.367 | 139.000 | 143.367 | 148.667 | 153.400 | 158.383 | 160.450 | 162.292 | 167.658 | 172.867 | 175.350 | 180.425 | 185.267 | 193.967 | 203.600 | 211.893 | 222.080 | 221.195 | 222.980 | 230.565 | 235.073 | 237.996 | 243.012 | 245.416 | 249.670 | 256.337 | 264.998 | 269.640 | 272.125 | 283.305 | 310.163 | 334.965 | 342.805 |