Miami-Fort Lauderdale, Florida priced at $23,000 in 1993 $58,839.73 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1993-2025 ($23,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 155.82% higher in 2025 versus 1993 (a $35,839.73 difference in value).

Between 1993 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.98% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $23,000 in the year 1993 would cost $58,839.73 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.53% 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 1993-2025 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 $23,000.00 since 1993

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $23,000 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1993$23,000.003.45%
1994$23,722.543.14%
1995$24,599.523.70%
1996$25,382.733.18%
1997$26,207.313.25%
1998$26,549.281.30%
1999$26,854.021.15%
2000$27,742.033.31%
2001$28,603.843.11%
2002$29,014.751.44%
2003$29,854.502.89%
2004$30,655.642.68%
2005$32,095.204.70%
2006$33,689.214.97%
2007$35,061.454.07%
2008$36,747.014.81%
2009$36,600.60-0.40%
2010$36,895.940.81%
2011$38,151.083.40%
2012$38,897.041.96%
2013$39,380.721.24%
2014$40,210.552.11%
2015$40,608.420.99%
2016$41,312.361.73%
2017$42,415.412.67%
2018$43,848.523.38%
2019$44,616.731.75%
2020$45,027.960.92%
2021$46,877.814.11%
2022$51,321.919.48%
2023$55,425.828.00%
2024$57,480.193.71%
2025$58,839.732.37%*

* 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 1993 * 1993 USD value = 2025 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 355.597 in 2025:

355.597 / 139.000 * $23,000 = $58,839.73

Therefore, according to U.S. Bureau of Labor Statistics, $23,000 in 1993 has the same "purchasing power" as $58,839.73 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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