Miami-Fort Lauderdale, Florida priced at$71,000 in 2007$119,624.66 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 2007-2026 ($71,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 68.49% higher in 2026 versus 2007 (a $48,624.66 difference in value).

Between 2007 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.78% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $71,000 in the year 2007 would cost $119,624.66 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.38% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2007: Pricing changed by 4.07%, which is above the average yearly change for miami-fort lauderdale, florida during the 2007-2026 time period. Compared to inflation for all items in 2007 (2.85%), 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
Food · Legal services · Fresh fruits · Rent of primary residence · More

Buying power of $71,000.00 since 2007

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $71,000 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2007$71,000.004.07%
2008$74,413.294.81%
2009$74,116.81-0.40%
2010$74,714.890.81%
2011$77,256.573.40%
2012$78,767.141.96%
2013$79,746.591.24%
2014$81,427.022.11%
2015$82,232.710.99%
2016$83,658.201.73%
2017$85,891.892.67%
2018$88,793.973.38%
2019$90,349.611.75%
2020$91,182.360.92%
2021$94,928.324.11%
2022$103,927.709.48%
2023$112,238.208.00%
2024$116,398.313.71%
2025$119,151.412.37%
2026$119,624.660.40%*

* 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 2007* 2007 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 211.893 in the year 2007 and 357.009 in 2026:

357.009 / 211.893* $71,000 = $119,624.66

Therefore, according to U.S. Bureau of Labor Statistics, $71,000 in 2007 has the same "purchasing power" as $119,624.66 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.

» Read more about inflation and investment.