Miami-Fort Lauderdale, Florida priced at$24,000 in 1979$120,934.59 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1979-2026 ($24,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 403.89% higher in 2026 versus 1979 (a $96,934.59 difference in value).

Between 1979 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.50% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $24,000 in the year 1979 would cost $120,934.59 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.24% 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 1979-2026 time period. Compared to inflation for all items in 1979 (11.25%), 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
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Buying power of $24,000.00 since 1979

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $24,000 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1979$24,000.009.70%
1980$27,370.5014.04%
1981$30,486.9411.39%
1982$32,711.367.30%
1983$33,767.113.23%
1984$35,031.763.75%
1985$36,019.762.82%
1986$36,544.811.46%
1987$37,826.393.51%
1988$39,503.184.43%
1989$41,112.214.07%
1990$43,251.945.20%
1991$44,776.293.52%
1992$45,515.881.65%
1993$47,085.393.45%
1994$48,564.573.14%
1995$50,359.923.70%
1996$51,963.303.18%
1997$53,651.383.25%
1998$54,351.451.30%
1999$54,975.301.15%
2000$56,793.233.31%
2001$58,557.523.11%
2002$59,398.731.44%
2003$61,117.852.89%
2004$62,757.942.68%
2005$65,705.014.70%
2006$68,968.244.97%
2007$71,777.474.07%
2008$75,228.144.81%
2009$74,928.41-0.40%
2010$75,533.040.81%
2011$78,102.553.40%
2012$79,629.671.96%
2013$80,619.841.24%
2014$82,318.672.11%
2015$83,133.180.99%
2016$84,574.281.73%
2017$86,832.432.67%
2018$89,766.293.38%
2019$91,338.971.75%
2020$92,180.830.92%
2021$95,967.824.11%
2022$105,065.749.48%
2023$113,467.248.00%
2024$117,672.913.71%
2025$120,456.162.37%
2026$120,934.590.40%*

* 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 1979* 1979 USD value = 2026 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 357.009 in 2026:

357.009 / 70.850* $24,000 = $120,934.59

Therefore, according to U.S. Bureau of Labor Statistics, $24,000 in 1979 has the same "purchasing power" as $120,934.59 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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