Miami-Fort Lauderdale, Florida priced at$23,000 in 1978$127,141.27 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1978-2026 ($23,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 452.79% higher in 2026 versus 1978 (a $104,141.27 difference in value).

Between 1978 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.63% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $23,000 in the year 1978 would cost $127,141.27 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.40% 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 1978-2026 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 $23,000.00 since 1978

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $23,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$23,000.004.17%
1979$25,231.749.70%
1980$28,775.2314.04%
1981$32,051.6111.39%
1982$34,390.197.30%
1983$35,500.133.23%
1984$36,829.683.75%
1985$37,868.392.82%
1986$38,420.391.46%
1987$39,767.743.51%
1988$41,530.584.43%
1989$43,222.194.07%
1990$45,471.745.20%
1991$47,074.323.52%
1992$47,851.871.65%
1993$49,501.943.45%
1994$51,057.033.14%
1995$52,944.523.70%
1996$54,630.193.18%
1997$56,404.903.25%
1998$57,140.901.30%
1999$57,796.771.15%
2000$59,708.003.31%
2001$61,562.843.11%
2002$62,447.231.44%
2003$64,254.582.89%
2004$65,978.842.68%
2005$69,077.164.70%
2006$72,507.874.97%
2007$75,461.284.07%
2008$79,089.054.81%
2009$78,773.93-0.40%
2010$79,409.590.81%
2011$82,110.983.40%
2012$83,716.471.96%
2013$84,757.461.24%
2014$86,543.482.11%
2015$87,399.790.99%
2016$88,914.851.73%
2017$91,288.902.67%
2018$94,373.333.38%
2019$96,026.721.75%
2020$96,911.790.92%
2021$100,893.144.11%
2022$110,457.999.48%
2023$119,290.678.00%
2024$123,712.193.71%
2025$126,638.282.37%
2026$127,141.270.40%*

* 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:

Year19771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380355.597357.009

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1978* 1978 USD value = 2026 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 357.009 in 2026:

357.009 / 64.583* $23,000 = $127,141.27

Therefore, according to U.S. Bureau of Labor Statistics, $23,000 in 1978 has the same "purchasing power" as $127,141.27 in 2026 (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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