Miami-Fort Lauderdale, Florida priced at $24 in 1996 $55.63 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1996-2025 ($24)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 131.81% higher in 2025 versus 1996 (a $31.63 difference in value).

Between 1996 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.94% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $24 in the year 1996 would cost $55.63 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.50% 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 1996-2025 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%).

View price changes for other categories
Houston, Texas · Food · Frankfurters · Seattle, Washington · More

Buying power of $24.00 since 1996

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $24 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$24.003.18%
1997$24.783.25%
1998$25.101.30%
1999$25.391.15%
2000$26.233.31%
2001$27.053.11%
2002$27.431.44%
2003$28.232.89%
2004$28.992.68%
2005$30.354.70%
2006$31.854.97%
2007$33.154.07%
2008$34.754.81%
2009$34.61-0.40%
2010$34.890.81%
2011$36.073.40%
2012$36.781.96%
2013$37.241.24%
2014$38.022.11%
2015$38.400.99%
2016$39.061.73%
2017$40.102.67%
2018$41.463.38%
2019$42.191.75%
2020$42.580.92%
2021$44.324.11%
2022$48.539.48%
2023$52.418.00%
2024$54.353.71%
2025$55.632.37%*

* 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 1996 * 1996 USD value = 2025 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 355.597 in 2025:

355.597 / 153.400 * $24 = $55.63

Therefore, according to U.S. Bureau of Labor Statistics, $24 in 1996 has the same "purchasing power" as $55.63 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.

» Read more about inflation and investment.