Miami-Fort Lauderdale, Florida priced at$24,000 in 1995$57,633.74 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1995-2026 ($24,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 140.14% higher in 2026 versus 1995 (a $33,633.74 difference in value).

Between 1995 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.87% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $24,000 in the year 1995 would cost $57,633.74 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1995: Pricing changed by 3.70%, which is above the average yearly change for miami-fort lauderdale, florida during the 1995-2026 time period. Compared to inflation for all items in 1995 (2.81%), 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 $24,000.00 since 1995

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $24,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$24,000.003.70%
1996$24,764.133.18%
1997$25,568.613.25%
1998$25,902.241.30%
1999$26,199.551.15%
2000$27,065.923.31%
2001$27,906.733.11%
2002$28,307.621.44%
2003$29,126.912.89%
2004$29,908.522.68%
2005$31,313.004.70%
2006$32,868.164.97%
2007$34,206.964.07%
2008$35,851.444.81%
2009$35,708.60-0.40%
2010$35,996.740.81%
2011$37,221.303.40%
2012$37,949.071.96%
2013$38,420.961.24%
2014$39,230.572.11%
2015$39,618.740.99%
2016$40,305.521.73%
2017$41,381.692.67%
2018$42,779.883.38%
2019$43,529.371.75%
2020$43,930.570.92%
2021$45,735.344.11%
2022$50,071.139.48%
2023$54,075.038.00%
2024$56,079.323.71%
2025$57,405.732.37%
2026$57,633.740.40%*

* 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 1995* 1995 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 148.667 in the year 1995 and 357.009 in 2026:

357.009 / 148.667* $24,000 = $57,633.74

Therefore, according to U.S. Bureau of Labor Statistics, $24,000 in 1995 has the same "purchasing power" as $57,633.74 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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