Miami-Fort Lauderdale, Florida priced at $29,000 in 1988 $88,429.06 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2025 ($29,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 204.93% higher in 2025 versus 1988 (a $59,429.06 difference in value).

Between 1988 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.06% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $29,000 in the year 1988 would cost $88,429.06 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.74% 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 1988-2025 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
Tampa, Florida · Rent of primary residence · New trucks · Milk · More

Buying power of $29,000.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $29,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$29,000.004.43%
1989$30,181.224.07%
1990$31,752.045.20%
1991$32,871.093.52%
1992$33,414.031.65%
1993$34,566.243.45%
1994$35,652.143.14%
1995$36,970.133.70%
1996$38,147.213.18%
1997$39,386.453.25%
1998$39,900.391.30%
1999$40,358.371.15%
2000$41,692.943.31%
2001$42,988.143.11%
2002$43,605.691.44%
2003$44,867.732.89%
2004$46,071.752.68%
2005$48,235.244.70%
2006$50,630.844.97%
2007$52,693.154.07%
2008$55,226.354.81%
2009$55,006.31-0.40%
2010$55,450.180.81%
2011$57,336.513.40%
2012$58,457.591.96%
2013$59,184.491.24%
2014$60,431.642.11%
2015$61,029.580.99%
2016$62,087.521.73%
2017$63,745.272.67%
2018$65,899.073.38%
2019$67,053.601.75%
2020$67,671.630.92%
2021$70,451.724.11%
2022$77,130.679.48%
2023$83,298.378.00%
2024$86,385.833.71%
2025$88,429.062.37%*

* 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 1988 * 1988 USD value = 2025 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 355.597 in 2025:

355.597 / 116.617 * $29,000 = $88,429.06

Therefore, according to U.S. Bureau of Labor Statistics, $29,000 in 1988 has the same "purchasing power" as $88,429.06 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.

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