Miami-Fort Lauderdale, Florida priced at $1,163 in 1998$2,615.84 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1998-2026 ($1,163)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 124.92% higher in 2026 versus 1998 (a $1,452.84 difference in value).

Between 1998 and 2026: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 $1,163 in the year 1998 would cost $2,615.84 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1998: Pricing changed by 1.30%, which is below the average yearly change for miami-fort lauderdale, florida during the 1998-2026 time period. Compared to inflation for all items in 1998 (1.55%), inflation for miami-fort lauderdale, florida was lower.

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 $1,163.00 since 1998

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,163 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$1,163.001.30%
1999$1,176.351.15%
2000$1,215.253.31%
2001$1,253.003.11%
2002$1,271.001.44%
2003$1,307.792.89%
2004$1,342.882.68%
2005$1,405.944.70%
2006$1,475.774.97%
2007$1,535.884.07%
2008$1,609.714.81%
2009$1,603.30-0.40%
2010$1,616.240.81%
2011$1,671.223.40%
2012$1,703.901.96%
2013$1,725.091.24%
2014$1,761.442.11%
2015$1,778.870.99%
2016$1,809.701.73%
2017$1,858.022.67%
2018$1,920.803.38%
2019$1,954.451.75%
2020$1,972.460.92%
2021$2,053.504.11%
2022$2,248.179.48%
2023$2,427.958.00%
2024$2,517.943.71%
2025$2,582.182.55%
2026$2,615.841.30%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380356.244360.887

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1998* 1998 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 160.450 in the year 1998 and 360.887 in 2026:

360.887 / 160.450* $1,163 = $2,615.84

Therefore, according to U.S. Bureau of Labor Statistics, $1,163 in 1998 has the same "purchasing power" as $2,615.84 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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