Miami-Fort Lauderdale, Florida priced at $191,000 in 1995 → $446,297.94 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1995-2024 ($191,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 133.66% higher in 2024 versus 1995 (a $255,297.94 difference in value).

Between 1995 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 $191,000 in the year 1995 would cost $446,297.94 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 1995: Pricing changed by 3.70%, which is above the average yearly change for miami-fort lauderdale, florida during the 1995-2024 time period. Compared to inflation for all items in 1995 (2.81%), 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 $191,000.00 since 1995

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $191,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$191,000.003.70%
1996$197,081.173.18%
1997$203,483.523.25%
1998$206,138.681.30%
1999$208,504.761.15%
2000$215,399.613.31%
2001$222,091.033.11%
2002$225,281.501.44%
2003$231,801.632.89%
2004$238,021.972.68%
2005$249,199.334.70%
2006$261,575.784.97%
2007$272,230.354.07%
2008$285,317.714.81%
2009$284,180.91-0.40%
2010$286,474.090.81%
2011$296,219.483.40%
2012$302,011.361.96%
2013$305,766.801.24%
2014$312,209.952.11%
2015$315,299.140.99%
2016$320,764.801.73%
2017$329,329.292.67%
2018$340,456.543.38%
2019$346,421.221.75%
2020$349,614.150.92%
2021$363,977.054.11%
2022$398,482.749.48%
2023$430,347.098.00%
2024$446,297.943.71%*

* 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 1995 * 1995 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 148.667 in the year 1995 and 347.380 in 2024:

347.380 / 148.667 * $191,000 = $446,297.94

Therefore, according to U.S. Bureau of Labor Statistics, $191,000 in 1995 has the same "purchasing power" as $446,297.94 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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