Miami-Fort Lauderdale, Florida priced at$5,500 in 1998$12,237.77 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1998-2026 ($5,500)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 122.50% higher in 2026 versus 1998 (a $6,737.77 difference in value).

Between 1998 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.90% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $5,500 in the year 1998 would cost $12,237.77 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.49% 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%).

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Buying power of $5,500.00 since 1998

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $5,500 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$5,500.001.30%
1999$5,563.131.15%
2000$5,747.093.31%
2001$5,925.633.11%
2002$6,010.751.44%
2003$6,184.712.89%
2004$6,350.682.68%
2005$6,648.904.70%
2006$6,979.124.97%
2007$7,263.404.07%
2008$7,612.584.81%
2009$7,582.25-0.40%
2010$7,643.430.81%
2011$7,903.453.40%
2012$8,057.991.96%
2013$8,158.181.24%
2014$8,330.092.11%
2015$8,412.520.99%
2016$8,558.351.73%
2017$8,786.862.67%
2018$9,083.743.38%
2019$9,242.891.75%
2020$9,328.080.92%
2021$9,711.304.11%
2022$10,631.959.48%
2023$11,482.128.00%
2024$11,907.713.71%
2025$12,189.352.37%
2026$12,237.770.40%*

* 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 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 357.009 in 2026:

357.009 / 160.450* $5,500 = $12,237.77

Therefore, according to U.S. Bureau of Labor Statistics, $5,500 in 1998 has the same "purchasing power" as $12,237.77 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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