Miami-Fort Lauderdale, Florida priced at$16,000 in 1993$41,094.56 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1993-2026 ($16,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 156.84% higher in 2026 versus 1993 (a $25,094.56 difference in value).

Between 1993 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.90% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $16,000 in the year 1993 would cost $41,094.56 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1993: Pricing changed by 3.45%, which is above the average yearly change for miami-fort lauderdale, florida during the 1993-2026 time period. Compared to inflation for all items in 1993 (2.95%), 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
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Buying power of $16,000.00 since 1993

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $16,000 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1993$16,000.003.45%
1994$16,502.643.14%
1995$17,112.713.70%
1996$17,657.553.18%
1997$18,231.183.25%
1998$18,469.061.30%
1999$18,681.061.15%
2000$19,298.803.31%
2001$19,898.323.11%
2002$20,184.171.44%
2003$20,768.352.89%
2004$21,325.662.68%
2005$22,327.104.70%
2006$23,435.974.97%
2007$24,390.574.07%
2008$25,563.144.81%
2009$25,461.29-0.40%
2010$25,666.740.81%
2011$26,539.883.40%
2012$27,058.811.96%
2013$27,395.281.24%
2014$27,972.562.11%
2015$28,249.330.99%
2016$28,739.031.73%
2017$29,506.372.67%
2018$30,503.323.38%
2019$31,037.731.75%
2020$31,323.800.92%
2021$32,610.654.11%
2022$35,702.209.48%
2023$38,557.098.00%
2024$39,986.223.71%
2025$40,931.992.37%
2026$41,094.560.40%*

* 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 1993* 1993 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 139.000 in the year 1993 and 357.009 in 2026:

357.009 / 139.000* $16,000 = $41,094.56

Therefore, according to U.S. Bureau of Labor Statistics, $16,000 in 1993 has the same "purchasing power" as $41,094.56 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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