Miami-Fort Lauderdale, Florida priced at $8,431 in 2005 $15,517.84 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 2005-2026 ($8,431)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 84.06% higher in 2026 versus 2005 (a $7,086.84 difference in value).

Between 2005 and 2026: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.95% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $8,431 in the year 2005 would cost $15,517.84 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.44% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2005: Pricing changed by 4.70%, which is above the average yearly change for miami-fort lauderdale, florida during the 2005-2026 time period. Compared to inflation for all items in 2005 (3.39%), 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 $8,431.00 since 2005

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $8,431 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2005$8,431.004.70%
2006$8,849.724.97%
2007$9,210.194.07%
2008$9,652.974.81%
2009$9,614.51-0.40%
2010$9,692.090.81%
2011$10,021.803.40%
2012$10,217.761.96%
2013$10,344.811.24%
2014$10,562.802.11%
2015$10,667.310.99%
2016$10,852.231.73%
2017$11,141.992.67%
2018$11,518.453.38%
2019$11,720.251.75%
2020$11,828.270.92%
2021$12,314.204.11%
2022$13,481.619.48%
2023$14,559.668.00%
2024$15,099.313.71%
2025$15,456.452.37%
2026$15,517.840.40%*

* 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 2005 * 2005 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 193.967 in the year 2005 and 357.009 in 2026:

357.009 / 193.967 * $8,431 = $15,517.84

Therefore, according to U.S. Bureau of Labor Statistics, $8,431 in 2005 has the same "purchasing power" as $15,517.84 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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