Miami-Fort Lauderdale, Florida priced at $12.40 in 1994$31.21 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1994-2026 ($12.40)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 151.72% higher in 2026 versus 1994 (a $18.81 difference in value).

Between 1994 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.93% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $12.40 in the year 1994 would cost $31.21 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1994: Pricing changed by 3.14%, which is above the average yearly change for miami-fort lauderdale, florida during the 1994-2026 time period. Compared to inflation for all items in 1994 (2.61%), 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 $12.40 since 1994

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $12.40 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1994$12.403.14%
1995$12.863.70%
1996$13.273.18%
1997$13.703.25%
1998$13.881.30%
1999$14.041.15%
2000$14.503.31%
2001$14.953.11%
2002$15.171.44%
2003$15.612.89%
2004$16.022.68%
2005$16.784.70%
2006$17.614.97%
2007$18.334.07%
2008$19.214.81%
2009$19.13-0.40%
2010$19.290.81%
2011$19.943.40%
2012$20.331.96%
2013$20.581.24%
2014$21.022.11%
2015$21.230.99%
2016$21.591.73%
2017$22.172.67%
2018$22.923.38%
2019$23.321.75%
2020$23.540.92%
2021$24.504.11%
2022$26.839.48%
2023$28.978.00%
2024$30.053.71%
2025$30.812.55%
2026$31.211.30%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380356.244360.887

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1994* 1994 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 143.367 in the year 1994 and 360.887 in 2026:

360.887 / 143.367* $12.40 = $31.21

Therefore, according to U.S. Bureau of Labor Statistics, $12.40 in 1994 has the same "purchasing power" as $31.21 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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