Miami-Fort Lauderdale, Florida priced at$8 in 1988$24.49 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1988-2026 ($8)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 206.14% higher in 2026 versus 1988 (a $16.49 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 $8 in the year 1988 would cost $24.49 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%).

View price changes for other categories
Medical care · Televisions · Financial services · Admission to sporting events · More

Buying power of $8.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $8 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$8.004.43%
1989$8.334.07%
1990$8.765.20%
1991$9.073.52%
1992$9.221.65%
1993$9.543.45%
1994$9.843.14%
1995$10.203.70%
1996$10.523.18%
1997$10.873.25%
1998$11.011.30%
1999$11.131.15%
2000$11.503.31%
2001$11.863.11%
2002$12.031.44%
2003$12.382.89%
2004$12.712.68%
2005$13.314.70%
2006$13.974.97%
2007$14.544.07%
2008$15.234.81%
2009$15.17-0.40%
2010$15.300.81%
2011$15.823.40%
2012$16.131.96%
2013$16.331.24%
2014$16.672.11%
2015$16.840.99%
2016$17.131.73%
2017$17.582.67%
2018$18.183.38%
2019$18.501.75%
2020$18.670.92%
2021$19.434.11%
2022$21.289.48%
2023$22.988.00%
2024$23.833.71%
2025$24.392.37%
2026$24.490.40%*

* 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* $8 = $24.49

Therefore, according to U.S. Bureau of Labor Statistics, $8 in 1988 has the same "purchasing power" as $24.49 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.

» Read more about inflation and investment.