Miami-Fort Lauderdale, Florida priced at$8,700 in 2002$17,713.02 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 2002-2026 ($8,700)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 103.60% higher in 2026 versus 2002 (a $9,013.02 difference in value).

Between 2002 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.01% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $8,700 in the year 2002 would cost $17,713.02 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2002: Pricing changed by 1.44%, which is below the average yearly change for miami-fort lauderdale, florida during the 2002-2026 time period. Compared to inflation for all items in 2002 (1.59%), 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 $8,700.00 since 2002

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $8,700 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2002$8,700.001.44%
2003$8,951.802.89%
2004$9,192.022.68%
2005$9,623.674.70%
2006$10,101.634.97%
2007$10,513.094.07%
2008$11,018.504.81%
2009$10,974.60-0.40%
2010$11,063.160.81%
2011$11,439.513.40%
2012$11,663.181.96%
2013$11,808.211.24%
2014$12,057.032.11%
2015$12,176.330.99%
2016$12,387.411.73%
2017$12,718.152.67%
2018$13,147.873.38%
2019$13,378.221.75%
2020$13,501.520.92%
2021$14,056.194.11%
2022$15,388.759.48%
2023$16,619.298.00%
2024$17,235.293.71%
2025$17,642.952.37%
2026$17,713.020.40%*

* 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 2002* 2002 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 175.350 in the year 2002 and 357.009 in 2026:

357.009 / 175.350* $8,700 = $17,713.02

Therefore, according to U.S. Bureau of Labor Statistics, $8,700 in 2002 has the same "purchasing power" as $17,713.02 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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