Miami-Fort Lauderdale, Florida priced at$23,000 in 2008$36,974.14 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 2008-2026 ($23,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 60.76% higher in 2026 versus 2008 (a $13,974.14 difference in value).

Between 2008 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.67% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $23,000 in the year 2008 would cost $36,974.14 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.30% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2008: Pricing changed by 4.81%, which is above the average yearly change for miami-fort lauderdale, florida during the 2008-2026 time period. Compared to inflation for all items in 2008 (3.84%), 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 $23,000.00 since 2008

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $23,000 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2008$23,000.004.81%
2009$22,908.36-0.40%
2010$23,093.220.81%
2011$23,878.813.40%
2012$24,345.711.96%
2013$24,648.441.24%
2014$25,167.832.11%
2015$25,416.860.99%
2016$25,857.461.73%
2017$26,547.862.67%
2018$27,444.853.38%
2019$27,925.671.75%
2020$28,183.060.92%
2021$29,340.884.11%
2022$32,122.459.48%
2023$34,691.098.00%
2024$35,976.923.71%
2025$36,827.862.37%
2026$36,974.140.40%*

* 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 2008* 2008 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 222.080 in the year 2008 and 357.009 in 2026:

357.009 / 222.080* $23,000 = $36,974.14

Therefore, according to U.S. Bureau of Labor Statistics, $23,000 in 2008 has the same "purchasing power" as $36,974.14 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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