Miami-Fort Lauderdale, Florida priced at $0.99 in 1999 → $2.12 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1999-2024 ($0.99)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 114.05% higher in 2024 versus 1999 (a $1.13 difference in value).

Between 1999 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.09% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $0.99 in the year 1999 would cost $2.12 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1999: Pricing changed by 1.15%, which is below the average yearly change for miami-fort lauderdale, florida during the 1999-2024 time period. Compared to inflation for all items in 1999 (2.19%), 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
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
Educational books and supplies · Juices and nonalcoholic drinks · Rent of primary residence · Chicago, Illinois · More

Buying power of $0.99 since 1999

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $0.99 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$0.991.15%
2000$1.023.31%
2001$1.053.11%
2002$1.071.44%
2003$1.102.89%
2004$1.132.68%
2005$1.184.70%
2006$1.244.97%
2007$1.294.07%
2008$1.354.81%
2009$1.35-0.40%
2010$1.360.81%
2011$1.413.40%
2012$1.431.96%
2013$1.451.24%
2014$1.482.11%
2015$1.500.99%
2016$1.521.73%
2017$1.562.67%
2018$1.623.38%
2019$1.641.75%
2020$1.660.92%
2021$1.734.11%
2022$1.899.48%
2023$2.048.00%
2024$2.123.71%*

* 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 1999 * 1999 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 162.292 in the year 1999 and 347.380 in 2024:

347.380 / 162.292 * $0.99 = $2.12

Therefore, according to U.S. Bureau of Labor Statistics, $0.99 in 1999 has the same "purchasing power" as $2.12 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.

» Read more about inflation and investment.