Miami-Fort Lauderdale, Florida priced at$20,770 in 2017$28,927.11 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 2017-2026 ($20,770)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 39.27% higher in 2026 versus 2017 (a $8,157.11 difference in value).

Between 2017 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.75% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $20,770 in the year 2017 would cost $28,927.11 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.15% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2017: Pricing changed by 2.67%, which is below the average yearly change for miami-fort lauderdale, florida during the 2017-2026 time period. Compared to inflation for all items in 2017 (2.13%), 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
Fresh fruits · Electricity · Rent of primary residence · San Francisco, California · More

Buying power of $20,770.00 since 2017

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $20,770 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2017$20,770.002.67%
2018$21,471.773.38%
2019$21,847.951.75%
2020$22,049.320.92%
2021$22,955.154.11%
2022$25,131.349.48%
2023$27,140.958.00%
2024$28,146.933.71%
2025$28,812.672.37%
2026$28,927.110.40%*

* 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 2017* 2017 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 256.337 in the year 2017 and 357.009 in 2026:

357.009 / 256.337* $20,770 = $28,927.11

Therefore, according to U.S. Bureau of Labor Statistics, $20,770 in 2017 has the same "purchasing power" as $28,927.11 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.