Miami-Fort Lauderdale, Florida priced at $3,040 in 1988$9,407.73 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2026 ($3,040)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 209.46% higher in 2026 versus 1988 (a $6,367.73 difference in value).

Between 1988 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.02% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $3,040 in the year 1988 would cost $9,407.73 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.70% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1988: Pricing changed by 4.43%, which is above the average yearly change for miami-fort lauderdale, florida during the 1988-2026 time period. Compared to inflation for all items in 1988 (4.08%), 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 $3,040.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $3,040 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$3,040.004.43%
1989$3,163.824.07%
1990$3,328.495.20%
1991$3,445.803.52%
1992$3,502.711.65%
1993$3,623.503.45%
1994$3,737.333.14%
1995$3,875.493.70%
1996$3,998.883.18%
1997$4,128.793.25%
1998$4,182.661.30%
1999$4,230.671.15%
2000$4,370.573.31%
2001$4,506.343.11%
2002$4,571.081.44%
2003$4,703.382.89%
2004$4,829.592.68%
2005$5,056.384.70%
2006$5,307.514.97%
2007$5,523.704.07%
2008$5,789.244.81%
2009$5,766.18-0.40%
2010$5,812.710.81%
2011$6,010.453.40%
2012$6,127.971.96%
2013$6,204.171.24%
2014$6,334.902.11%
2015$6,397.580.99%
2016$6,508.481.73%
2017$6,682.262.67%
2018$6,908.043.38%
2019$7,029.071.75%
2020$7,093.850.92%
2021$7,385.284.11%
2022$8,085.429.48%
2023$8,731.978.00%
2024$9,055.623.71%
2025$9,286.672.55%
2026$9,407.731.30%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380356.244360.887

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1988* 1988 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 116.617 in the year 1988 and 360.887 in 2026:

360.887 / 116.617* $3,040 = $9,407.73

Therefore, according to U.S. Bureau of Labor Statistics, $3,040 in 1988 has the same "purchasing power" as $9,407.73 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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