Miami-Fort Lauderdale, Florida priced at$28,000 in 1996$65,164.62 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1996-2026 ($28,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 132.73% higher in 2026 versus 1996 (a $37,164.62 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 $28,000 in the year 1996 would cost $65,164.62 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 $28,000.00 since 1996

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $28,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$28,000.003.18%
1997$28,909.603.25%
1998$29,286.831.30%
1999$29,622.991.15%
2000$30,602.563.31%
2001$31,553.243.11%
2002$32,006.521.44%
2003$32,932.862.89%
2004$33,816.602.68%
2005$35,404.614.70%
2006$37,162.974.97%
2007$38,676.704.07%
2008$40,536.074.81%
2009$40,374.56-0.40%
2010$40,700.360.81%
2011$42,084.923.40%
2012$42,907.791.96%
2013$43,441.341.24%
2014$44,356.742.11%
2015$44,795.630.99%
2016$45,572.161.73%
2017$46,788.952.67%
2018$48,369.833.38%
2019$49,217.261.75%
2020$49,670.890.92%
2021$51,711.474.11%
2022$56,613.829.48%
2023$61,140.898.00%
2024$63,407.093.71%
2025$64,906.822.37%
2026$65,164.620.40%*

* 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* $28,000 = $65,164.62

Therefore, according to U.S. Bureau of Labor Statistics, $28,000 in 1996 has the same "purchasing power" as $65,164.62 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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