Miami-Fort Lauderdale, Florida priced at$8,700 in 1987$27,814.73 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1987-2026 ($8,700)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 219.71% higher in 2026 versus 1987 (a $19,114.73 difference in value).

Between 1987 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.02% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $8,700 in the year 1987 would cost $27,814.73 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.72% 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 1987-2026 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%).

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Buying power of $8,700.00 since 1987

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $8,700 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$8,700.003.51%
1988$9,085.664.43%
1989$9,455.734.07%
1990$9,947.875.20%
1991$10,298.463.52%
1992$10,468.571.65%
1993$10,829.553.45%
1994$11,169.763.14%
1995$11,582.693.70%
1996$11,951.463.18%
1997$12,339.723.25%
1998$12,500.731.30%
1999$12,644.221.15%
2000$13,062.343.31%
2001$13,468.123.11%
2002$13,661.601.44%
2003$14,056.992.89%
2004$14,434.212.68%
2005$15,112.034.70%
2006$15,862.574.97%
2007$16,508.694.07%
2008$17,302.334.81%
2009$17,233.40-0.40%
2010$17,372.460.81%
2011$17,963.443.40%
2012$18,314.681.96%
2013$18,542.411.24%
2014$18,933.142.11%
2015$19,120.480.99%
2016$19,451.931.73%
2017$19,971.302.67%
2018$20,646.083.38%
2019$21,007.791.75%
2020$21,201.420.92%
2021$22,072.424.11%
2022$24,164.939.48%
2023$26,097.258.00%
2024$27,064.553.71%
2025$27,704.692.37%
2026$27,814.730.40%*

* 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 1987* 1987 USD value = 2026 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 357.009 in 2026:

357.009 / 111.667* $8,700 = $27,814.73

Therefore, according to U.S. Bureau of Labor Statistics, $8,700 in 1987 has the same "purchasing power" as $27,814.73 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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