Miami-Fort Lauderdale, Florida priced at $16 in 1988 $48.98 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2026 ($16)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 206.14% higher in 2026 versus 1988 (a $32.98 difference in value).

Between 1988 and 2026: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.99% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $16 in the year 1988 would cost $48.98 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.69% 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 $16.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $16 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$16.004.43%
1989$16.654.07%
1990$17.525.20%
1991$18.143.52%
1992$18.441.65%
1993$19.073.45%
1994$19.673.14%
1995$20.403.70%
1996$21.053.18%
1997$21.733.25%
1998$22.011.30%
1999$22.271.15%
2000$23.003.31%
2001$23.723.11%
2002$24.061.44%
2003$24.752.89%
2004$25.422.68%
2005$26.614.70%
2006$27.934.97%
2007$29.074.07%
2008$30.474.81%
2009$30.35-0.40%
2010$30.590.81%
2011$31.633.40%
2012$32.251.96%
2013$32.651.24%
2014$33.342.11%
2015$33.670.99%
2016$34.261.73%
2017$35.172.67%
2018$36.363.38%
2019$37.001.75%
2020$37.340.92%
2021$38.874.11%
2022$42.559.48%
2023$45.968.00%
2024$47.663.71%
2025$48.792.37%
2026$48.980.40%*

* 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 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 357.009 in 2026:

357.009 / 116.617 * $16 = $48.98

Therefore, according to U.S. Bureau of Labor Statistics, $16 in 1988 has the same "purchasing power" as $48.98 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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