Miami-Fort Lauderdale, Florida priced at$8,500 in 1988$26,021.81 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2026 ($8,500)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 206.14% higher in 2026 versus 1988 (a $17,521.81 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 $8,500 in the year 1988 would cost $26,021.81 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 $8,500.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $8,500 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$8,500.004.43%
1989$8,846.224.07%
1990$9,306.635.20%
1991$9,634.633.52%
1992$9,793.771.65%
1993$10,131.483.45%
1994$10,449.763.14%
1995$10,836.073.70%
1996$11,181.083.18%
1997$11,544.303.25%
1998$11,694.941.30%
1999$11,829.181.15%
2000$12,220.343.31%
2001$12,599.973.11%
2002$12,780.981.44%
2003$13,150.892.89%
2004$13,503.792.68%
2005$14,137.924.70%
2006$14,840.074.97%
2007$15,444.544.07%
2008$16,187.034.81%
2009$16,122.54-0.40%
2010$16,252.640.81%
2011$16,805.533.40%
2012$17,134.121.96%
2013$17,347.181.24%
2014$17,712.722.11%
2015$17,887.980.99%
2016$18,198.071.73%
2017$18,683.962.67%
2018$19,315.243.38%
2019$19,653.641.75%
2020$19,834.790.92%
2021$20,649.644.11%
2022$22,607.279.48%
2023$24,415.048.00%
2024$25,319.983.71%
2025$25,918.862.37%
2026$26,021.810.40%*

* 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* $8,500 = $26,021.81

Therefore, according to U.S. Bureau of Labor Statistics, $8,500 in 1988 has the same "purchasing power" as $26,021.81 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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