Miami-Fort Lauderdale, Florida priced at$58,000 in 1998$129,052.80 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1998-2026 ($58,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 122.50% higher in 2026 versus 1998 (a $71,052.80 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 $58,000 in the year 1998 would cost $129,052.80 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%).

View price changes for other categories
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Buying power of $58,000.00 since 1998

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $58,000 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$58,000.001.30%
1999$58,665.731.15%
2000$60,605.693.31%
2001$62,488.423.11%
2002$63,386.101.44%
2003$65,220.632.89%
2004$66,970.812.68%
2005$70,115.724.70%
2006$73,598.014.97%
2007$76,595.824.07%
2008$80,278.134.81%
2009$79,958.27-0.40%
2010$80,603.490.81%
2011$83,345.493.40%
2012$84,975.121.96%
2013$86,031.771.24%
2014$87,844.642.11%
2015$88,713.820.99%
2016$90,251.661.73%
2017$92,661.402.67%
2018$95,792.213.38%
2019$97,470.451.75%
2020$98,368.830.92%
2021$102,410.034.11%
2022$112,118.699.48%
2023$121,084.178.00%
2024$125,572.173.71%
2025$128,542.252.37%
2026$129,052.800.40%*

* 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* $58,000 = $129,052.80

Therefore, according to U.S. Bureau of Labor Statistics, $58,000 in 1998 has the same "purchasing power" as $129,052.80 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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