Miami-Fort Lauderdale, Florida priced at$7.21 in 2014$10.59 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 2014-2026 ($7.21)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 46.91% higher in 2026 versus 2014 (a $3.38 difference in value).

Between 2014 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.26% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $7.21 in the year 2014 would cost $10.59 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.65% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2014: Pricing changed by 2.11%, which is below the average yearly change for miami-fort lauderdale, florida during the 2014-2026 time period. Compared to inflation for all items in 2014 (1.62%), 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%).

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Buying power of $7.21 since 2014

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $7.21 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2014$7.212.11%
2015$7.280.99%
2016$7.411.73%
2017$7.612.67%
2018$7.863.38%
2019$8.001.75%
2020$8.070.92%
2021$8.414.11%
2022$9.209.48%
2023$9.948.00%
2024$10.313.71%
2025$10.552.37%
2026$10.590.40%*

* 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 2014* 2014 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 243.012 in the year 2014 and 357.009 in 2026:

357.009 / 243.012* $7.21 = $10.59

Therefore, according to U.S. Bureau of Labor Statistics, $7.21 in 2014 has the same "purchasing power" as $10.59 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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