Miami-Fort Lauderdale, Florida priced at $23,000 in 1979 $115,437.15 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1979-2025 ($23,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 401.90% higher in 2025 versus 1979 (a $92,437.15 difference in value).

Between 1979 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.57% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $23,000 in the year 1979 would cost $115,437.15 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.29% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1979: Pricing changed by 9.70%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1979-2025 time period. Compared to inflation for all items in 1979 (11.26%), inflation for miami-fort lauderdale, florida was 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
Food · Wireless telephone services · Denver, Colorado · Phoenix, Arizona · More

Buying power of $23,000.00 since 1979

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $23,000 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1979$23,000.009.70%
1980$26,230.0614.04%
1981$29,216.6511.39%
1982$31,348.397.30%
1983$32,360.153.23%
1984$33,572.103.75%
1985$34,518.942.82%
1986$35,022.111.46%
1987$36,250.293.51%
1988$37,857.214.43%
1989$39,399.204.07%
1990$41,449.785.20%
1991$42,910.613.52%
1992$43,619.381.65%
1993$45,123.503.45%
1994$46,541.053.14%
1995$48,261.593.70%
1996$49,798.173.18%
1997$51,415.903.25%
1998$52,086.801.30%
1999$52,684.661.15%
2000$54,426.843.31%
2001$56,117.623.11%
2002$56,923.781.44%
2003$58,571.282.89%
2004$60,143.032.68%
2005$62,967.304.70%
2006$66,094.574.97%
2007$68,786.754.07%
2008$72,093.644.81%
2009$71,806.39-0.40%
2010$72,385.830.81%
2011$74,848.283.40%
2012$76,311.771.96%
2013$77,260.681.24%
2014$78,888.732.11%
2015$79,669.300.99%
2016$81,050.361.73%
2017$83,214.422.67%
2018$86,026.033.38%
2019$87,533.181.75%
2020$88,339.960.92%
2021$91,969.164.11%
2022$100,688.019.48%
2023$108,739.448.00%
2024$112,769.883.71%
2025$115,437.152.37%*

* 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:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380355.597

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1979 * 1979 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 70.850 in the year 1979 and 355.597 in 2025:

355.597 / 70.850 * $23,000 = $115,437.15

Therefore, according to U.S. Bureau of Labor Statistics, $23,000 in 1979 has the same "purchasing power" as $115,437.15 in 2025 (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.

» Read more about inflation and investment.