Miami-Fort Lauderdale, Florida priced at$7,200 in 1996$16,756.62 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1996-2026 ($7,200)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 132.73% higher in 2026 versus 1996 (a $9,556.62 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 $7,200 in the year 1996 would cost $16,756.62 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%).

View price changes for other categories
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Buying power of $7,200.00 since 1996

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $7,200 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$7,200.003.18%
1997$7,433.903.25%
1998$7,530.901.30%
1999$7,617.341.15%
2000$7,869.233.31%
2001$8,113.693.11%
2002$8,230.251.44%
2003$8,468.452.89%
2004$8,695.702.68%
2005$9,104.044.70%
2006$9,556.194.97%
2007$9,945.444.07%
2008$10,423.564.81%
2009$10,382.03-0.40%
2010$10,465.810.81%
2011$10,821.843.40%
2012$11,033.431.96%
2013$11,170.631.24%
2014$11,406.022.11%
2015$11,518.880.99%
2016$11,718.561.73%
2017$12,031.442.67%
2018$12,437.963.38%
2019$12,655.871.75%
2020$12,772.510.92%
2021$13,297.244.11%
2022$14,557.849.48%
2023$15,721.948.00%
2024$16,304.683.71%
2025$16,690.322.37%
2026$16,756.620.40%*

* 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* $7,200 = $16,756.62

Therefore, according to U.S. Bureau of Labor Statistics, $7,200 in 1996 has the same "purchasing power" as $16,756.62 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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