Miami-Fort Lauderdale, Florida priced at $142,000 in 1980 $610,494.99 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1980-2024 ($142,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 329.93% higher in 2024 versus 1980 (a $468,494.99 difference in value).

Between 1980 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.37% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $142,000 in the year 1980 would cost $610,494.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.08% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1980: Pricing changed by 14.04%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1980-2024 time period. Compared to inflation for all items in 1980 (13.55%), inflation for miami-fort lauderdale, florida was higher.

Price Inflation for Miami-Fort Lauderdale, Florida since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
198019851990199520002005201020152020-1001020
Years with the largest changes in pricing: 1980 (14.04%), 1981 (11.39%), and 1979 (9.70%).

View price changes for other categories
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Buying power of $142,000.00 since 1980

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $142,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$142,000.0014.04%
1981$158,168.3211.39%
1982$169,708.757.30%
1983$175,186.063.23%
1984$181,747.113.75%
1985$186,872.942.82%
1986$189,596.951.46%
1987$196,245.873.51%
1988$204,945.134.43%
1989$213,292.904.07%
1990$224,393.985.20%
1991$232,302.393.52%
1992$236,139.441.65%
1993$244,282.183.45%
1994$251,956.273.14%
1995$261,270.633.70%
1996$269,589.113.18%
1997$278,346.953.25%
1998$281,978.961.30%
1999$285,215.551.15%
2000$294,647.073.31%
2001$303,800.333.11%
2002$308,164.601.44%
2003$317,083.542.89%
2004$325,592.412.68%
2005$340,882.014.70%
2006$357,811.884.97%
2007$372,386.364.07%
2008$390,288.674.81%
2009$388,733.64-0.40%
2010$391,870.500.81%
2011$405,201.313.40%
2012$413,124.071.96%
2013$418,261.181.24%
2014$427,074.812.11%
2015$431,300.540.99%
2016$438,777.071.73%
2017$450,492.512.67%
2018$465,713.573.38%
2019$473,872.721.75%
2020$478,240.360.92%
2021$497,887.504.11%
2022$545,088.159.48%
2023$588,675.678.00%
2024$610,494.993.71%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1980 * 1980 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 80.800 in the year 1980 and 347.380 in 2024:

347.380 / 80.800 * $142,000 = $610,494.99

Therefore, according to U.S. Bureau of Labor Statistics, $142,000 in 1980 has the same "purchasing power" as $610,494.99 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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