Miami-Fort Lauderdale, Florida priced at $0.56 in 1998→$1.28 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1998-2026 ($0.56)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 128.51% higher in 2026 versus 1998 (a $0.72 difference in value).

Between 1998 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $0.56 in the year 1998 would cost $1.28 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1998: Pricing changed by 1.30%, which is below the average yearly change for miami-fort lauderdale, florida during the 1998-2026 time period. Compared to inflation for all items in 1998 (1.55%), inflation for miami-fort lauderdale, florida was lower.

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 $0.56 since 1998

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $0.56 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$0.561.30%
1999$0.571.15%
2000$0.593.31%
2001$0.603.11%
2002$0.611.44%
2003$0.632.89%
2004$0.652.68%
2005$0.684.70%
2006$0.714.97%
2007$0.744.07%
2008$0.784.81%
2009$0.77-0.40%
2010$0.780.81%
2011$0.803.40%
2012$0.821.96%
2013$0.831.24%
2014$0.852.11%
2015$0.860.99%
2016$0.871.73%
2017$0.892.67%
2018$0.923.38%
2019$0.941.75%
2020$0.950.92%
2021$0.994.11%
2022$1.089.48%
2023$1.178.00%
2024$1.213.71%
2025$1.242.55%
2026$1.282.92%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380356.244366.650

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1998* 1998 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 160.450 in the year 1998 and 366.650 in 2026:

366.650 / 160.450* $0.56 = $1.28

Therefore, according to U.S. Bureau of Labor Statistics, $0.56 in 1998 has the same "purchasing power" as $1.28 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.