Miami-Fort Lauderdale, Florida priced at $100 in 1998 $189.98 in 2022

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1998-2022 ($100)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 89.98% higher in 2022 versus 1998 (a $89.98 difference in value).

Between 1998 and 2022: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.71% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $100 in the year 1998 would cost $189.98 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.42% 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 1998-2022 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%).

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Buying power of $100.00 since 1998

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $100 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$100.001.30%
1999$101.151.15%
2000$104.493.31%
2001$107.743.11%
2002$109.291.44%
2003$112.452.89%
2004$115.472.68%
2005$120.894.70%
2006$126.894.97%
2007$132.064.07%
2008$138.414.81%
2009$137.86-0.40%
2010$138.970.81%
2011$143.703.40%
2012$146.511.96%
2013$148.331.24%
2014$151.462.11%
2015$152.950.99%
2016$155.611.73%
2017$159.762.67%
2018$165.163.38%
2019$168.051.75%
2020$169.600.92%
2021$176.574.11%
2022$189.987.60%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Miami-Fort Lauderdale, Florida:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.997243.012245.416249.670256.337264.998269.640272.125283.305304.823

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1998 * 1998 USD value = 2022 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 304.823 in 2022:

304.823 / 160.450 * $100 = $189.98

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 1998 has the same "purchasing power" as $189.98 in 2022 (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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