Miami-Fort Lauderdale, Florida priced at $24,850 in 1988$76,902 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2026 ($24,850)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 209.46% higher in 2026 versus 1988 (a $52,052 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 $24,850 in the year 1988 would cost $76,902 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%).

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Buying power of $24,850.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $24,850 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$24,850.004.43%
1989$25,862.184.07%
1990$27,208.215.20%
1991$28,167.123.52%
1992$28,632.371.65%
1993$29,619.693.45%
1994$30,550.193.14%
1995$31,679.583.70%
1996$32,688.213.18%
1997$33,750.113.25%
1998$34,190.501.30%
1999$34,582.951.15%
2000$35,726.543.31%
2001$36,836.393.11%
2002$37,365.561.44%
2003$38,447.002.89%
2004$39,478.722.68%
2005$41,332.614.70%
2006$43,385.394.97%
2007$45,152.584.07%
2008$47,323.274.81%
2009$47,134.72-0.40%
2010$47,515.070.81%
2011$49,131.453.40%
2012$50,092.111.96%
2013$50,714.991.24%
2014$51,783.662.11%
2015$52,296.040.99%
2016$53,202.581.73%
2017$54,623.102.67%
2018$56,468.693.38%
2019$57,458.001.75%
2020$57,987.580.92%
2021$60,369.844.11%
2022$66,093.019.48%
2023$71,378.088.00%
2024$74,023.723.71%
2025$75,912.452.55%
2026$76,902.001.30%*

* 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* $24,850 = $76,902

Therefore, according to U.S. Bureau of Labor Statistics, $24,850 in 1988 has the same "purchasing power" as $76,902 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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