Miami-Fort Lauderdale, Florida priced at $31,000 in 1996 $71,861.12 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1996-2025 ($31,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 131.81% higher in 2025 versus 1996 (a $40,861.12 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 $31,000 in the year 1996 would cost $71,861.12 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
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Buying power of $31,000.00 since 1996

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $31,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$31,000.003.18%
1997$32,007.063.25%
1998$32,424.711.30%
1999$32,796.881.15%
2000$33,881.413.31%
2001$34,933.943.11%
2002$35,435.791.44%
2003$36,461.382.89%
2004$37,439.812.68%
2005$39,197.964.70%
2006$41,144.724.97%
2007$42,820.644.07%
2008$44,879.224.81%
2009$44,700.41-0.40%
2010$45,061.110.81%
2011$46,594.023.40%
2012$47,505.061.96%
2013$48,095.771.24%
2014$49,109.252.11%
2015$49,595.170.99%
2016$50,454.891.73%
2017$51,802.052.67%
2018$53,552.313.38%
2019$54,490.531.75%
2020$54,992.770.92%
2021$57,251.994.11%
2022$62,679.589.48%
2023$67,691.708.00%
2024$70,200.703.71%
2025$71,861.122.37%*

* 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 * $31,000 = $71,861.12

Therefore, according to U.S. Bureau of Labor Statistics, $31,000 in 1996 has the same "purchasing power" as $71,861.12 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.

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