Miami-Fort Lauderdale, Florida priced at$56,000 in 2001$115,652.74 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 2001-2026 ($56,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 106.52% higher in 2026 versus 2001 (a $59,652.74 difference in value).

Between 2001 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 $56,000 in the year 2001 would cost $115,652.74 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 2001: Pricing changed by 3.11%, which is above the average yearly change for miami-fort lauderdale, florida during the 2001-2026 time period. Compared to inflation for all items in 2001 (2.83%), 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%).

View price changes for other categories
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Buying power of $56,000.00 since 2001

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $56,000 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2001$56,000.003.11%
2002$56,804.471.44%
2003$58,448.522.89%
2004$60,016.972.68%
2005$62,835.334.70%
2006$65,956.044.97%
2007$68,642.574.07%
2008$71,942.534.81%
2009$71,655.89-0.40%
2010$72,234.110.81%
2011$74,691.403.40%
2012$76,151.821.96%
2013$77,098.751.24%
2014$78,723.382.11%
2015$79,502.320.99%
2016$80,880.481.73%
2017$83,040.002.67%
2018$85,845.733.38%
2019$87,349.711.75%
2020$88,154.810.92%
2021$91,776.404.11%
2022$100,476.979.48%
2023$108,511.538.00%
2024$112,533.523.71%
2025$115,195.202.37%
2026$115,652.740.40%*

* 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 2001* 2001 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 172.867 in the year 2001 and 357.009 in 2026:

357.009 / 172.867* $56,000 = $115,652.74

Therefore, according to U.S. Bureau of Labor Statistics, $56,000 in 2001 has the same "purchasing power" as $115,652.74 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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