Miami-Fort Lauderdale, Florida priced at$8,700 in 1978$48,092.57 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1978-2026 ($8,700)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 452.79% higher in 2026 versus 1978 (a $39,392.57 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 $8,700 in the year 1978 would cost $48,092.57 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 $8,700.00 since 1978

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $8,700 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$8,700.004.17%
1979$9,544.189.70%
1980$10,884.5414.04%
1981$12,123.8711.39%
1982$13,008.467.30%
1983$13,428.313.23%
1984$13,931.233.75%
1985$14,324.132.82%
1986$14,532.931.46%
1987$15,042.583.51%
1988$15,709.394.43%
1989$16,349.264.07%
1990$17,200.185.20%
1991$17,806.373.52%
1992$18,100.491.65%
1993$18,724.653.45%
1994$19,312.883.14%
1995$20,026.843.70%
1996$20,664.463.18%
1997$21,335.773.25%
1998$21,614.171.30%
1999$21,862.261.15%
2000$22,585.203.31%
2001$23,286.813.11%
2002$23,621.341.44%
2003$24,304.992.89%
2004$24,957.212.68%
2005$26,129.194.70%
2006$27,426.894.97%
2007$28,544.054.07%
2008$29,916.294.81%
2009$29,797.10-0.40%
2010$30,037.540.81%
2011$31,059.373.40%
2012$31,666.661.96%
2013$32,060.431.24%
2014$32,736.012.11%
2015$33,059.920.99%
2016$33,633.011.73%
2017$34,531.022.67%
2018$35,697.743.38%
2019$36,323.151.75%
2020$36,657.940.92%
2021$38,163.934.11%
2022$41,781.949.48%
2023$45,122.998.00%
2024$46,795.483.71%
2025$47,902.312.37%
2026$48,092.570.40%*

* 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* $8,700 = $48,092.57

Therefore, according to U.S. Bureau of Labor Statistics, $8,700 in 1978 has the same "purchasing power" as $48,092.57 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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