Miami-Fort Lauderdale, Florida priced at$960 in 1997$2,163.92 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1997-2026 ($960)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 125.41% higher in 2026 versus 1997 (a $1,203.92 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 $960 in the year 1997 would cost $2,163.92 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%).

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Buying power of $960.00 since 1997

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $960 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$960.003.25%
1998$972.531.30%
1999$983.691.15%
2000$1,016.223.31%
2001$1,047.793.11%
2002$1,062.841.44%
2003$1,093.602.89%
2004$1,122.952.68%
2005$1,175.684.70%
2006$1,234.074.97%
2007$1,284.344.07%
2008$1,346.084.81%
2009$1,340.72-0.40%
2010$1,351.540.81%
2011$1,397.513.40%
2012$1,424.841.96%
2013$1,442.551.24%
2014$1,472.952.11%
2015$1,487.530.99%
2016$1,513.311.73%
2017$1,553.722.67%
2018$1,606.213.38%
2019$1,634.361.75%
2020$1,649.420.92%
2021$1,717.184.11%
2022$1,879.979.48%
2023$2,030.308.00%
2024$2,105.563.71%
2025$2,155.362.37%
2026$2,163.920.40%*

* 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* $960 = $2,163.92

Therefore, according to U.S. Bureau of Labor Statistics, $960 in 1997 has the same "purchasing power" as $2,163.92 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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