Miami-Fort Lauderdale, Florida priced at$6,700 in 1998$14,907.82 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1998-2026 ($6,700)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 122.50% higher in 2026 versus 1998 (a $8,207.82 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 $6,700 in the year 1998 would cost $14,907.82 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 $6,700.00 since 1998

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $6,700 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$6,700.001.30%
1999$6,776.901.15%
2000$7,001.003.31%
2001$7,218.493.11%
2002$7,322.191.44%
2003$7,534.112.89%
2004$7,736.282.68%
2005$8,099.574.70%
2006$8,501.844.97%
2007$8,848.144.07%
2008$9,273.514.81%
2009$9,236.56-0.40%
2010$9,311.090.81%
2011$9,627.843.40%
2012$9,816.091.96%
2013$9,938.151.24%
2014$10,147.572.11%
2015$10,247.980.99%
2016$10,425.621.73%
2017$10,703.992.67%
2018$11,065.653.38%
2019$11,259.521.75%
2020$11,363.300.92%
2021$11,830.124.11%
2022$12,951.649.48%
2023$13,987.318.00%
2024$14,505.753.71%
2025$14,848.852.37%
2026$14,907.820.40%*

* 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* $6,700 = $14,907.82

Therefore, according to U.S. Bureau of Labor Statistics, $6,700 in 1998 has the same "purchasing power" as $14,907.82 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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