Miami-Fort Lauderdale, Florida priced at $89,999 in 1995 → $210,295.12 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1995-2024 ($89,999)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 133.66% higher in 2024 versus 1995 (a $120,296.12 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 $89,999 in the year 1995 would cost $210,295.12 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
Juices and nonalcoholic drinks · Legal services · Medical care · Rent of primary residence · More

Buying power of $89,999.00 since 1995

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $89,999 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$89,999.003.70%
1996$92,864.443.18%
1997$95,881.223.25%
1998$97,132.331.30%
1999$98,247.231.15%
2000$101,496.073.31%
2001$104,649.063.11%
2002$106,152.411.44%
2003$109,224.682.89%
2004$112,155.702.68%
2005$117,422.464.70%
2006$123,254.244.97%
2007$128,274.664.07%
2008$134,441.404.81%
2009$133,905.75-0.40%
2010$134,986.290.81%
2011$139,578.313.40%
2012$142,307.441.96%
2013$144,077.001.24%
2014$147,113.002.11%
2015$148,568.620.99%
2016$151,144.041.73%
2017$155,179.622.67%
2018$160,422.763.38%
2019$163,233.321.75%
2020$164,737.820.92%
2021$171,505.614.11%
2022$187,764.659.48%
2023$202,779.108.00%
2024$210,295.123.71%*

* 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 * $89,999 = $210,295.12

Therefore, according to U.S. Bureau of Labor Statistics, $89,999 in 1995 has the same "purchasing power" as $210,295.12 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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