Miami-Fort Lauderdale, Florida priced at $24,000 in 1987 $76,426.74 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1987-2025 ($24,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 218.44% higher in 2025 versus 1987 (a $52,426.74 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 $24,000 in the year 1987 would cost $76,426.74 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
Public transportation · College tuition and fees · Philadelphia, Pennsylvania · Medical care · More

Buying power of $24,000.00 since 1987

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $24,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$24,000.003.51%
1988$25,063.884.43%
1989$26,084.784.07%
1990$27,442.395.20%
1991$28,409.553.52%
1992$28,878.811.65%
1993$29,874.633.45%
1994$30,813.133.14%
1995$31,952.243.70%
1996$32,969.553.18%
1997$34,040.603.25%
1998$34,484.781.30%
1999$34,880.601.15%
2000$36,034.033.31%
2001$37,153.433.11%
2002$37,687.161.44%
2003$38,777.912.89%
2004$39,818.512.68%
2005$41,688.364.70%
2006$43,758.814.97%
2007$45,541.204.07%
2008$47,730.574.81%
2009$47,540.40-0.40%
2010$47,924.020.81%
2011$49,554.323.40%
2012$50,523.241.96%
2013$51,151.491.24%
2014$52,229.362.11%
2015$52,746.140.99%
2016$53,660.491.73%
2017$55,093.242.67%
2018$56,954.703.38%
2019$57,952.531.75%
2020$58,486.670.92%
2021$60,889.434.11%
2022$66,661.869.48%
2023$71,992.428.00%
2024$74,660.833.71%
2025$76,426.742.37%*

* 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 * $24,000 = $76,426.74

Therefore, according to U.S. Bureau of Labor Statistics, $24,000 in 1987 has the same "purchasing power" as $76,426.74 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.