Miami-Fort Lauderdale, Florida priced at$29,000 in 1994$72,215.26 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1994-2026 ($29,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 149.02% higher in 2026 versus 1994 (a $43,215.26 difference in value).

Between 1994 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.89% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $29,000 in the year 1994 would cost $72,215.26 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 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%).

View price changes for other categories
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Buying power of $29,000.00 since 1994

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $29,000 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1994$29,000.003.14%
1995$30,072.083.70%
1996$31,029.533.18%
1997$32,037.553.25%
1998$32,455.591.30%
1999$32,828.121.15%
2000$33,913.683.31%
2001$34,967.223.11%
2002$35,469.541.44%
2003$36,496.112.89%
2004$37,475.472.68%
2005$39,235.294.70%
2006$41,183.914.97%
2007$42,861.424.07%
2008$44,921.974.81%
2009$44,742.98-0.40%
2010$45,104.040.81%
2011$46,638.403.40%
2012$47,550.311.96%
2013$48,141.581.24%
2014$49,156.032.11%
2015$49,642.410.99%
2016$50,502.951.73%
2017$51,851.392.67%
2018$53,603.323.38%
2019$54,542.441.75%
2020$55,045.150.92%
2021$57,306.524.11%
2022$62,739.299.48%
2023$67,756.188.00%
2024$70,267.573.71%
2025$71,929.572.37%
2026$72,215.260.40%*

* 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 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 357.009 in 2026:

357.009 / 143.367* $29,000 = $72,215.26

Therefore, according to U.S. Bureau of Labor Statistics, $29,000 in 1994 has the same "purchasing power" as $72,215.26 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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