Miami-Fort Lauderdale, Florida priced at$980 in 1988$3,000.16 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2026 ($980)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 206.14% higher in 2026 versus 1988 (a $2,020.16 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 $980 in the year 1988 would cost $3,000.16 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 $980.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $980 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$980.004.43%
1989$1,019.924.07%
1990$1,073.005.20%
1991$1,110.823.52%
1992$1,129.161.65%
1993$1,168.103.45%
1994$1,204.803.14%
1995$1,249.343.70%
1996$1,289.113.18%
1997$1,330.993.25%
1998$1,348.361.30%
1999$1,363.831.15%
2000$1,408.933.31%
2001$1,452.703.11%
2002$1,473.571.44%
2003$1,516.222.89%
2004$1,556.912.68%
2005$1,630.024.70%
2006$1,710.974.97%
2007$1,780.674.07%
2008$1,866.274.81%
2009$1,858.83-0.40%
2010$1,873.830.81%
2011$1,937.583.40%
2012$1,975.461.96%
2013$2,000.031.24%
2014$2,042.172.11%
2015$2,062.380.99%
2016$2,098.131.73%
2017$2,154.152.67%
2018$2,226.933.38%
2019$2,265.951.75%
2020$2,286.830.92%
2021$2,380.784.11%
2022$2,606.489.48%
2023$2,814.918.00%
2024$2,919.253.71%
2025$2,988.292.37%
2026$3,000.160.40%*

* 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* $980 = $3,000.16

Therefore, according to U.S. Bureau of Labor Statistics, $980 in 1988 has the same "purchasing power" as $3,000.16 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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