Miami-Fort Lauderdale, Florida priced at $23,000 in 1989 $67,388.54 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1989-2025 ($23,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 192.99% higher in 2025 versus 1989 (a $44,388.54 difference in value).

Between 1989 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.03% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $23,000 in the year 1989 would cost $67,388.54 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.68% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1989: Pricing changed by 4.07%, which is above the average yearly change for miami-fort lauderdale, florida during the 1989-2025 time period. Compared to inflation for all items in 1989 (4.83%), inflation for miami-fort lauderdale, florida was lower.

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
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Buying power of $23,000.00 since 1989

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $23,000 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$23,000.004.07%
1990$24,197.065.20%
1991$25,049.853.52%
1992$25,463.611.65%
1993$26,341.663.45%
1994$27,169.183.14%
1995$28,173.583.70%
1996$29,070.593.18%
1997$30,014.973.25%
1998$30,406.621.30%
1999$30,755.631.15%
2000$31,772.663.31%
2001$32,759.683.11%
2002$33,230.291.44%
2003$34,192.052.89%
2004$35,109.592.68%
2005$36,758.314.70%
2006$38,583.914.97%
2007$40,155.514.07%
2008$42,085.974.81%
2009$41,918.29-0.40%
2010$42,256.550.81%
2011$43,694.053.40%
2012$44,548.381.96%
2013$45,102.331.24%
2014$46,052.732.11%
2015$46,508.400.99%
2016$47,314.621.73%
2017$48,577.932.67%
2018$50,219.263.38%
2019$51,099.091.75%
2020$51,570.060.92%
2021$53,688.674.11%
2022$58,778.469.48%
2023$63,478.638.00%
2024$65,831.473.71%
2025$67,388.542.37%*

* 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 1989 * 1989 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 121.367 in the year 1989 and 355.597 in 2025:

355.597 / 121.367 * $23,000 = $67,388.54

Therefore, according to U.S. Bureau of Labor Statistics, $23,000 in 1989 has the same "purchasing power" as $67,388.54 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.

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