Miami-Fort Lauderdale, Florida priced at $7,200 in 1988 $21,954.80 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1988-2025 ($7,200)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 204.93% higher in 2025 versus 1988 (a $14,754.80 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 $7,200 in the year 1988 would cost $21,954.80 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
Philadelphia, Pennsylvania · Rent of primary residence · Food · New York · More

Buying power of $7,200.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $7,200 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$7,200.004.43%
1989$7,493.274.07%
1990$7,883.265.20%
1991$8,161.103.52%
1992$8,295.901.65%
1993$8,581.963.45%
1994$8,851.563.14%
1995$9,178.793.70%
1996$9,471.033.18%
1997$9,778.713.25%
1998$9,906.301.30%
1999$10,020.011.15%
2000$10,351.353.31%
2001$10,672.923.11%
2002$10,826.241.44%
2003$11,139.572.89%
2004$11,438.502.68%
2005$11,975.654.70%
2006$12,570.424.97%
2007$13,082.444.07%
2008$13,711.374.81%
2009$13,656.74-0.40%
2010$13,766.940.81%
2011$14,235.273.40%
2012$14,513.611.96%
2013$14,694.081.24%
2014$15,003.722.11%
2015$15,152.170.99%
2016$15,414.831.73%
2017$15,826.412.67%
2018$16,361.153.38%
2019$16,647.791.75%
2020$16,801.230.92%
2021$17,491.464.11%
2022$19,149.689.48%
2023$20,680.978.00%
2024$21,447.523.71%
2025$21,954.802.37%*

* 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 * $7,200 = $21,954.80

Therefore, according to U.S. Bureau of Labor Statistics, $7,200 in 1988 has the same "purchasing power" as $21,954.80 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.

» Read more about inflation and investment.