Miami-Fort Lauderdale, Florida priced at$7,200 in 1997$16,229.39 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1997-2026 ($7,200)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 125.41% higher in 2026 versus 1997 (a $9,029.39 difference in value).

Between 1997 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.84% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $7,200 in the year 1997 would cost $16,229.39 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 1997: Pricing changed by 3.25%, which is above the average yearly change for miami-fort lauderdale, florida during the 1997-2026 time period. Compared to inflation for all items in 1997 (2.34%), 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
Gasoline (all types) · Parking fees and tolls · Tampa, Florida · Juices and nonalcoholic drinks · More

Buying power of $7,200.00 since 1997

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $7,200 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$7,200.003.25%
1998$7,293.951.30%
1999$7,377.671.15%
2000$7,621.643.31%
2001$7,858.403.11%
2002$7,971.291.44%
2003$8,202.002.89%
2004$8,422.102.68%
2005$8,817.594.70%
2006$9,255.524.97%
2007$9,632.524.07%
2008$10,095.604.81%
2009$10,055.37-0.40%
2010$10,136.510.81%
2011$10,481.343.40%
2012$10,686.281.96%
2013$10,819.161.24%
2014$11,047.142.11%
2015$11,156.450.99%
2016$11,349.851.73%
2017$11,652.892.67%
2018$12,046.613.38%
2019$12,257.661.75%
2020$12,370.640.92%
2021$12,878.864.11%
2022$14,099.799.48%
2023$15,227.278.00%
2024$15,791.673.71%
2025$16,165.182.37%
2026$16,229.390.40%*

* 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 1997* 1997 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 158.383 in the year 1997 and 357.009 in 2026:

357.009 / 158.383* $7,200 = $16,229.39

Therefore, according to U.S. Bureau of Labor Statistics, $7,200 in 1997 has the same "purchasing power" as $16,229.39 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.

» Read more about inflation and investment.