Miami-Fort Lauderdale, Florida priced at$16,000 in 1983$57,302.90 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1983-2026 ($16,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 258.14% higher in 2026 versus 1983 (a $41,302.90 difference in value).

Between 1983 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.01% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $16,000 in the year 1983 would cost $57,302.90 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1983: Pricing changed by 3.23%, which is above the average yearly change for miami-fort lauderdale, florida during the 1983-2026 time period. Compared to inflation for all items in 1983 (3.21%), inflation for miami-fort lauderdale, florida was higher.

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 $16,000.00 since 1983

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $16,000 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$16,000.003.23%
1984$16,599.233.75%
1985$17,067.382.82%
1986$17,316.171.46%
1987$17,923.423.51%
1988$18,717.944.43%
1989$19,480.354.07%
1990$20,494.235.20%
1991$21,216.523.52%
1992$21,566.961.65%
1993$22,310.653.45%
1994$23,011.543.14%
1995$23,862.233.70%
1996$24,621.973.18%
1997$25,421.843.25%
1998$25,753.551.30%
1999$26,049.161.15%
2000$26,910.553.31%
2001$27,746.533.11%
2002$28,145.131.44%
2003$28,959.712.89%
2004$29,736.832.68%
2005$31,133.264.70%
2006$32,679.494.97%
2007$34,010.594.07%
2008$35,645.644.81%
2009$35,503.61-0.40%
2010$35,790.110.81%
2011$37,007.633.40%
2012$37,731.231.96%
2013$38,200.411.24%
2014$39,005.372.11%
2015$39,391.310.99%
2016$40,074.151.73%
2017$41,144.142.67%
2018$42,534.313.38%
2019$43,279.491.75%
2020$43,678.390.92%
2021$45,472.804.11%
2022$49,783.709.48%
2023$53,764.618.00%
2024$55,757.413.71%
2025$57,076.202.37%
2026$57,302.900.40%*

* 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 1983* 1983 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 99.683 in the year 1983 and 357.009 in 2026:

357.009 / 99.683* $16,000 = $57,302.90

Therefore, according to U.S. Bureau of Labor Statistics, $16,000 in 1983 has the same "purchasing power" as $57,302.90 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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