Miami-Fort Lauderdale, Florida priced at $1,068 in 1988$3,305.08 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2026 ($1,068)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 209.46% higher in 2026 versus 1988 (a $2,237.08 difference in value).

Between 1988 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 $1,068 in the year 1988 would cost $3,305.08 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.70% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1988: Pricing changed by 4.43%, which is above the average yearly change for miami-fort lauderdale, florida during the 1988-2026 time period. Compared to inflation for all items in 1988 (4.08%), 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 $1,068.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,068 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$1,068.004.43%
1989$1,111.504.07%
1990$1,169.355.20%
1991$1,210.563.52%
1992$1,230.561.65%
1993$1,272.993.45%
1994$1,312.983.14%
1995$1,361.523.70%
1996$1,404.873.18%
1997$1,450.513.25%
1998$1,469.431.30%
1999$1,486.301.15%
2000$1,535.453.31%
2001$1,583.153.11%
2002$1,605.891.44%
2003$1,652.372.89%
2004$1,696.712.68%
2005$1,776.394.70%
2006$1,864.614.97%
2007$1,940.564.07%
2008$2,033.854.81%
2009$2,025.75-0.40%
2010$2,042.100.81%
2011$2,111.573.40%
2012$2,152.851.96%
2013$2,179.621.24%
2014$2,225.552.11%
2015$2,247.570.99%
2016$2,286.531.73%
2017$2,347.582.67%
2018$2,426.903.38%
2019$2,469.421.75%
2020$2,492.180.92%
2021$2,594.574.11%
2022$2,840.549.48%
2023$3,067.688.00%
2024$3,181.383.71%
2025$3,262.562.55%
2026$3,305.081.30%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380356.244360.887

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1988* 1988 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 116.617 in the year 1988 and 360.887 in 2026:

360.887 / 116.617* $1,068 = $3,305.08

Therefore, according to U.S. Bureau of Labor Statistics, $1,068 in 1988 has the same "purchasing power" as $3,305.08 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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