Miami-Fort Lauderdale, Florida priced at $38,500 in 1988$119,143.94 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2026 ($38,500)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 209.46% higher in 2026 versus 1988 (a $80,643.94 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 $38,500 in the year 1988 would cost $119,143.94 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 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 $38,500.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $38,500 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$38,500.004.43%
1989$40,068.174.07%
1990$42,153.575.20%
1991$43,639.203.52%
1992$44,360.011.65%
1993$45,889.673.45%
1994$47,331.283.14%
1995$49,081.033.70%
1996$50,643.703.18%
1997$52,288.913.25%
1998$52,971.201.30%
1999$53,579.211.15%
2000$55,350.973.31%
2001$57,070.463.11%
2002$57,890.311.44%
2003$59,565.782.89%
2004$61,164.212.68%
2005$64,036.444.70%
2006$67,216.814.97%
2007$69,954.704.07%
2008$73,317.744.81%
2009$73,025.62-0.40%
2010$73,614.890.81%
2011$76,119.153.40%
2012$77,607.491.96%
2013$78,572.521.24%
2014$80,228.212.11%
2015$81,022.030.99%
2016$82,426.541.73%
2017$84,627.342.67%
2018$87,486.703.38%
2019$89,019.431.75%
2020$89,839.920.92%
2021$93,530.734.11%
2022$102,397.629.48%
2023$110,585.768.00%
2024$114,684.633.71%
2025$117,610.842.55%
2026$119,143.941.30%*

* 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* $38,500 = $119,143.94

Therefore, according to U.S. Bureau of Labor Statistics, $38,500 in 1988 has the same "purchasing power" as $119,143.94 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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