Miami-Fort Lauderdale, Florida priced at $23,000 in 1987 $73,242.29 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1987-2025 ($23,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 218.44% higher in 2025 versus 1987 (a $50,242.29 difference in value).

Between 1987 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.10% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $23,000 in the year 1987 would cost $73,242.29 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.77% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1987: Pricing changed by 3.51%, which is above the average yearly change for miami-fort lauderdale, florida during the 1987-2025 time period. Compared to inflation for all items in 1987 (3.66%), 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 $23,000.00 since 1987

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $23,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$23,000.003.51%
1988$24,019.554.43%
1989$24,997.914.07%
1990$26,298.965.20%
1991$27,225.823.52%
1992$27,675.521.65%
1993$28,629.853.45%
1994$29,529.253.14%
1995$30,620.903.70%
1996$31,595.823.18%
1997$32,622.243.25%
1998$33,047.911.30%
1999$33,427.241.15%
2000$34,532.613.31%
2001$35,605.373.11%
2002$36,116.871.44%
2003$37,162.162.89%
2004$38,159.402.68%
2005$39,951.344.70%
2006$41,935.524.97%
2007$43,643.654.07%
2008$45,741.804.81%
2009$45,559.55-0.40%
2010$45,927.190.81%
2011$47,489.563.40%
2012$48,418.111.96%
2013$49,020.171.24%
2014$50,053.132.11%
2015$50,548.390.99%
2016$51,424.641.73%
2017$52,797.682.67%
2018$54,581.593.38%
2019$55,537.841.75%
2020$56,049.730.92%
2021$58,352.374.11%
2022$63,884.299.48%
2023$68,992.748.00%
2024$71,549.963.71%
2025$73,242.292.37%*

* 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 1987 * 1987 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 111.667 in the year 1987 and 355.597 in 2025:

355.597 / 111.667 * $23,000 = $73,242.29

Therefore, according to U.S. Bureau of Labor Statistics, $23,000 in 1987 has the same "purchasing power" as $73,242.29 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.

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