Miami-Fort Lauderdale, Florida priced at $7,400 in 1988 $22,654.28 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2026 ($7,400)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 206.14% higher in 2026 versus 1988 (a $15,254.28 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 $7,400 in the year 1988 would cost $22,654.28 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%).

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Buying power of $7,400.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $7,400 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$7,400.004.43%
1989$7,701.414.07%
1990$8,102.245.20%
1991$8,387.793.52%
1992$8,526.341.65%
1993$8,820.353.45%
1994$9,097.443.14%
1995$9,433.763.70%
1996$9,734.113.18%
1997$10,050.343.25%
1998$10,181.481.30%
1999$10,298.341.15%
2000$10,638.893.31%
2001$10,969.393.11%
2002$11,126.971.44%
2003$11,449.012.89%
2004$11,756.242.68%
2005$12,308.304.70%
2006$12,919.594.97%
2007$13,445.844.07%
2008$14,092.244.81%
2009$14,036.09-0.40%
2010$14,149.360.81%
2011$14,630.693.40%
2012$14,916.761.96%
2013$15,102.251.24%
2014$15,420.492.11%
2015$15,573.070.99%
2016$15,843.021.73%
2017$16,266.032.67%
2018$16,815.623.38%
2019$17,110.231.75%
2020$17,267.930.92%
2021$17,977.344.11%
2022$19,681.629.48%
2023$21,255.458.00%
2024$22,043.283.71%
2025$22,564.662.37%
2026$22,654.280.40%*

* 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 * $7,400 = $22,654.28

Therefore, according to U.S. Bureau of Labor Statistics, $7,400 in 1988 has the same "purchasing power" as $22,654.28 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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