Miami-Fort Lauderdale, Florida priced at $7,300 in 1987 $23,246.47 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1987-2025 ($7,300)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 218.44% higher in 2025 versus 1987 (a $15,946.47 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 $7,300 in the year 1987 would cost $23,246.47 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
Alcoholic beverages · Wine at home · Houston, Texas · Airline fares · More

Buying power of $7,300.00 since 1987

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $7,300 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$7,300.003.51%
1988$7,623.604.43%
1989$7,934.124.07%
1990$8,347.065.20%
1991$8,641.243.52%
1992$8,783.971.65%
1993$9,086.873.45%
1994$9,372.333.14%
1995$9,718.813.70%
1996$10,028.243.18%
1997$10,354.013.25%
1998$10,489.121.30%
1999$10,609.511.15%
2000$10,960.353.31%
2001$11,300.843.11%
2002$11,463.181.44%
2003$11,794.952.89%
2004$12,111.462.68%
2005$12,680.214.70%
2006$13,309.974.97%
2007$13,852.124.07%
2008$14,518.054.81%
2009$14,460.20-0.40%
2010$14,576.890.81%
2011$15,072.773.40%
2012$15,367.491.96%
2013$15,558.581.24%
2014$15,886.432.11%
2015$16,043.620.99%
2016$16,321.731.73%
2017$16,757.532.67%
2018$17,323.723.38%
2019$17,627.231.75%
2020$17,789.700.92%
2021$18,520.544.11%
2022$20,276.329.48%
2023$21,897.708.00%
2024$22,709.343.71%
2025$23,246.472.37%*

* 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 * $7,300 = $23,246.47

Therefore, according to U.S. Bureau of Labor Statistics, $7,300 in 1987 has the same "purchasing power" as $23,246.47 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.