Miami-Fort Lauderdale, Florida priced at$7 in 1978$38.70 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1978-2026 ($7)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 452.79% higher in 2026 versus 1978 (a $31.70 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 $7 in the year 1978 would cost $38.70 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%).

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Buying power of $7.00 since 1978

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $7 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$7.004.17%
1979$7.689.70%
1980$8.7614.04%
1981$9.7511.39%
1982$10.477.30%
1983$10.803.23%
1984$11.213.75%
1985$11.532.82%
1986$11.691.46%
1987$12.103.51%
1988$12.644.43%
1989$13.154.07%
1990$13.845.20%
1991$14.333.52%
1992$14.561.65%
1993$15.073.45%
1994$15.543.14%
1995$16.113.70%
1996$16.633.18%
1997$17.173.25%
1998$17.391.30%
1999$17.591.15%
2000$18.173.31%
2001$18.743.11%
2002$19.011.44%
2003$19.562.89%
2004$20.082.68%
2005$21.024.70%
2006$22.074.97%
2007$22.974.07%
2008$24.074.81%
2009$23.97-0.40%
2010$24.170.81%
2011$24.993.40%
2012$25.481.96%
2013$25.801.24%
2014$26.342.11%
2015$26.600.99%
2016$27.061.73%
2017$27.782.67%
2018$28.723.38%
2019$29.231.75%
2020$29.490.92%
2021$30.714.11%
2022$33.629.48%
2023$36.318.00%
2024$37.653.71%
2025$38.542.37%
2026$38.700.40%*

* 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* $7 = $38.70

Therefore, according to U.S. Bureau of Labor Statistics, $7 in 1978 has the same "purchasing power" as $38.70 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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