Miami-Fort Lauderdale, Florida priced at $38,000 in 1978 $146,902.80 in 2016

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1978-2016 ($38,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida were 286.59% higher in 2016 versus 1978 (a $108,902.80 difference in value).

Between 1978 and 2016: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.62% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $38,000 in the year 1978 would cost $146,902.80 in 2016 for an equivalent purchase. Compared to the overall inflation rate of 3.49% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1978: Pricing changed by 4.17%, which is above the average yearly change for miami-fort lauderdale, florida during the 1978-2016 time period. Compared to inflation for all items in 1978 (7.63%), inflation for miami-fort lauderdale, florida was much 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%).

View price changes for other categories
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Buying power of $38,000.00 since 1978

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $38,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$38,000.004.17%
1979$41,687.239.70%
1980$47,541.6814.04%
1981$52,954.8411.39%
1982$56,818.587.30%
1983$58,652.393.23%
1984$60,849.033.75%
1985$62,565.162.82%
1986$63,477.161.46%
1987$65,703.233.51%
1988$68,615.744.43%
1989$71,410.584.07%
1990$75,127.235.20%
1991$77,774.973.52%
1992$79,059.611.65%
1993$81,785.813.45%
1994$84,355.103.14%
1995$87,473.553.70%
1996$90,258.583.18%
1997$93,190.713.25%
1998$94,406.711.30%
1999$95,490.321.15%
2000$98,648.003.31%
2001$101,712.523.11%
2002$103,173.681.44%
2003$106,159.742.89%
2004$109,008.522.68%
2005$114,127.484.70%
2006$119,795.614.97%
2007$124,675.164.07%
2008$130,668.864.81%
2009$130,148.23-0.40%
2010$131,198.460.81%
2011$135,661.623.40%
2012$138,314.171.96%
2013$140,034.071.24%
2014$142,984.882.11%
2015$144,399.660.99%
2016$146,902.801.73%
2017$150,825.142.67%
2018$155,921.163.38%
2019$158,652.841.75%
2020$160,115.130.92%
2021$166,693.014.11%
2022$182,495.819.48%
2023$197,088.948.00%
2024$201,702.042.34%*

* 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 2016 / CPI in 1978 * 1978 USD value = 2016 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 64.583 in the year 1978 and 249.670 in 2016:

249.670 / 64.583 * $38,000 = $146,902.80

Therefore, according to U.S. Bureau of Labor Statistics, $38,000 in 1978 has the same "purchasing power" as $146,902.80 in 2016 (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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