Miami-Fort Lauderdale, Florida priced at $118,000 in 1996 $274,622.31 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1996-2026 ($118,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 132.73% higher in 2026 versus 1996 (a $156,622.31 difference in value).

Between 1996 and 2026: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.86% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $118,000 in the year 1996 would cost $274,622.31 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.45% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1996: Pricing changed by 3.18%, which is above the average yearly change for miami-fort lauderdale, florida during the 1996-2026 time period. Compared to inflation for all items in 1996 (2.93%), 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 $118,000.00 since 1996

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $118,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$118,000.003.18%
1997$121,833.333.25%
1998$123,423.081.30%
1999$124,839.741.15%
2000$128,967.953.31%
2001$132,974.363.11%
2002$134,884.621.44%
2003$138,788.462.89%
2004$142,512.822.68%
2005$149,205.134.70%
2006$156,615.384.97%
2007$162,994.684.07%
2008$170,830.584.81%
2009$170,149.94-0.40%
2010$171,522.950.81%
2011$177,357.883.40%
2012$180,825.711.96%
2013$183,074.231.24%
2014$186,931.992.11%
2015$188,781.600.99%
2016$192,054.101.73%
2017$197,181.992.67%
2018$203,844.293.38%
2019$207,415.581.75%
2020$209,327.310.92%
2021$217,926.924.11%
2022$238,586.799.48%
2023$257,665.198.00%
2024$267,215.583.71%
2025$273,535.872.37%
2026$274,622.310.40%*

* 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 1996 * 1996 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 153.400 in the year 1996 and 357.009 in 2026:

357.009 / 153.400 * $118,000 = $274,622.31

Therefore, according to U.S. Bureau of Labor Statistics, $118,000 in 1996 has the same "purchasing power" as $274,622.31 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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