Miami-Fort Lauderdale, Florida priced at$56,000 in 1978$309,561.35 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1978-2026 ($56,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 452.79% higher in 2026 versus 1978 (a $253,561.35 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 $56,000 in the year 1978 would cost $309,561.35 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 $56,000.00 since 1978

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $56,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$56,000.004.17%
1979$61,433.819.70%
1980$70,061.4214.04%
1981$78,038.7111.39%
1982$83,732.657.30%
1983$86,435.103.23%
1984$89,672.263.75%
1985$92,201.292.82%
1986$93,545.291.46%
1987$96,825.813.51%
1988$101,117.944.43%
1989$105,236.654.07%
1990$110,713.815.20%
1991$114,615.743.52%
1992$116,508.901.65%
1993$120,526.453.45%
1994$124,312.773.14%
1995$128,908.393.70%
1996$133,012.653.18%
1997$137,333.683.25%
1998$139,125.681.30%
1999$140,722.581.15%
2000$145,376.003.31%
2001$149,892.133.11%
2002$152,045.421.44%
2003$156,445.942.89%
2004$160,644.132.68%
2005$168,187.874.70%
2006$176,540.904.97%
2007$183,731.814.07%
2008$192,564.634.81%
2009$191,797.40-0.40%
2010$193,345.090.81%
2011$199,922.383.40%
2012$203,831.401.96%
2013$206,366.001.24%
2014$210,714.562.11%
2015$212,799.490.99%
2016$216,488.341.73%
2017$222,268.622.67%
2018$229,778.553.38%
2019$233,804.191.75%
2020$235,959.140.92%
2021$245,652.854.11%
2022$268,941.199.48%
2023$290,446.858.00%
2024$301,212.293.71%
2025$308,336.692.37%
2026$309,561.350.40%*

* 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* $56,000 = $309,561.35

Therefore, according to U.S. Bureau of Labor Statistics, $56,000 in 1978 has the same "purchasing power" as $309,561.35 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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