Miami-Fort Lauderdale, Florida priced at $64,000,000 in 1992 $163,280,972.46 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1992-2024 ($64,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 155.13% higher in 2024 versus 1992 (a $99,280,972.46 difference in value).

Between 1992 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.97% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $64,000,000 in the year 1992 would cost $163,280,972.46 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1992: Pricing changed by 1.65%, which is below the average yearly change for miami-fort lauderdale, florida during the 1992-2024 time period. Compared to inflation for all items in 1992 (3.03%), 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 $64,000,000.00 since 1992

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $64,000,000 beginning in 1992. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1992$64,000,000.001.65%
1993$66,206,896.553.45%
1994$68,286,777.473.14%
1995$70,811,213.103.70%
1996$73,065,740.513.18%
1997$75,439,345.083.25%
1998$76,423,716.201.30%
1999$77,300,917.891.15%
2000$79,857,107.423.31%
2001$82,337,881.423.11%
2002$83,520,714.461.44%
2003$85,937,980.652.89%
2004$88,244,108.162.68%
2005$92,387,993.054.70%
2006$96,976,432.654.97%
2007$100,926,499.634.07%
2008$105,778,496.654.81%
2009$105,357,042.92-0.40%
2010$106,207,214.090.81%
2011$109,820,213.353.40%
2012$111,967,491.941.96%
2013$113,359,781.691.24%
2014$115,748,509.052.11%
2015$116,893,793.100.99%
2016$118,920,129.001.73%
2017$122,095,321.262.67%
2018$126,220,630.123.38%
2019$128,431,972.221.75%
2020$129,615,718.180.92%
2021$134,940,610.274.11%
2022$147,733,227.499.48%
2023$159,546,593.908.00%
2024$163,280,972.462.34%*

* 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 1992 * 1992 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 134.367 in the year 1992 and 342.805 in 2024:

342.805 / 134.367 * $64,000,000 = $163,280,972.46

Therefore, according to U.S. Bureau of Labor Statistics, $64,000,000 in 1992 has the same "purchasing power" as $163,280,972.46 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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