Miami-Fort Lauderdale, Florida priced at $23 in 1988 → $69.54 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2025 ($23)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 202.33% higher in 2025 versus 1988 (a $46.54 difference in value).

Between 1988 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.04% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $23 in the year 1988 would cost $69.54 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.72% 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 1988-2025 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
1980198519901995200020052010201520202025-1001020
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 $23.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $23 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$23.004.43%
1989$23.944.07%
1990$25.185.20%
1991$26.073.52%
1992$26.501.65%
1993$27.413.45%
1994$28.283.14%
1995$29.323.70%
1996$30.253.18%
1997$31.243.25%
1998$31.651.30%
1999$32.011.15%
2000$33.073.31%
2001$34.093.11%
2002$34.581.44%
2003$35.582.89%
2004$36.542.68%
2005$38.264.70%
2006$40.164.97%
2007$41.794.07%
2008$43.804.81%
2009$43.63-0.40%
2010$43.980.81%
2011$45.473.40%
2012$46.361.96%
2013$46.941.24%
2014$47.932.11%
2015$48.400.99%
2016$49.241.73%
2017$50.562.67%
2018$52.263.38%
2019$53.181.75%
2020$53.670.92%
2021$55.884.11%
2022$61.179.48%
2023$66.068.00%
2024$68.513.71%
2025$69.541.49%*

* 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:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380352.563

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1988 * 1988 USD value = 2025 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 352.563 in 2025:

352.563 / 116.617 * $23 = $69.54

Therefore, according to U.S. Bureau of Labor Statistics, $23 in 1988 has the same "purchasing power" as $69.54 in 2025 (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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