Miami-Fort Lauderdale, Florida priced at$940 in 1978$5,196.21 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1978-2026 ($940)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 452.79% higher in 2026 versus 1978 (a $4,256.21 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 $940 in the year 1978 would cost $5,196.21 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 $940.00 since 1978

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $940 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$940.004.17%
1979$1,031.219.70%
1980$1,176.0314.04%
1981$1,309.9411.39%
1982$1,405.517.30%
1983$1,450.873.23%
1984$1,505.213.75%
1985$1,547.662.82%
1986$1,570.221.46%
1987$1,625.293.51%
1988$1,697.344.43%
1989$1,766.474.07%
1990$1,858.415.20%
1991$1,923.913.52%
1992$1,955.691.65%
1993$2,023.123.45%
1994$2,086.683.14%
1995$2,163.823.70%
1996$2,232.713.18%
1997$2,305.243.25%
1998$2,335.321.30%
1999$2,362.131.15%
2000$2,440.243.31%
2001$2,516.053.11%
2002$2,552.191.44%
2003$2,626.062.89%
2004$2,696.532.68%
2005$2,823.154.70%
2006$2,963.374.97%
2007$3,084.074.07%
2008$3,232.334.81%
2009$3,219.46-0.40%
2010$3,245.440.81%
2011$3,355.843.40%
2012$3,421.461.96%
2013$3,464.001.24%
2014$3,536.992.11%
2015$3,571.990.99%
2016$3,633.911.73%
2017$3,730.942.67%
2018$3,857.003.38%
2019$3,924.571.75%
2020$3,960.740.92%
2021$4,123.464.11%
2022$4,514.379.48%
2023$4,875.368.00%
2024$5,056.063.71%
2025$5,175.652.37%
2026$5,196.210.40%*

* 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* $940 = $5,196.21

Therefore, according to U.S. Bureau of Labor Statistics, $940 in 1978 has the same "purchasing power" as $5,196.21 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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