Miami-Fort Lauderdale, Florida priced at $7,500 in 1996 → $17,237.46 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1996-2025 ($7,500)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 129.83% higher in 2025 versus 1996 (a $9,737.46 difference in value).

Between 1996 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.91% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $7,500 in the year 1996 would cost $17,237.46 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1996: Pricing changed by 3.18%, which is above the average yearly change for miami-fort lauderdale, florida during the 1996-2025 time period. Compared to inflation for all items in 1996 (2.93%), 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 $7,500.00 since 1996

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $7,500 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$7,500.003.18%
1997$7,743.643.25%
1998$7,844.691.30%
1999$7,934.731.15%
2000$8,197.123.31%
2001$8,451.763.11%
2002$8,573.171.44%
2003$8,821.302.89%
2004$9,058.022.68%
2005$9,483.384.70%
2006$9,954.374.97%
2007$10,359.834.07%
2008$10,857.884.81%
2009$10,814.61-0.40%
2010$10,901.880.81%
2011$11,272.753.40%
2012$11,493.161.96%
2013$11,636.071.24%
2014$11,881.272.11%
2015$11,998.830.99%
2016$12,206.831.73%
2017$12,532.752.67%
2018$12,956.213.38%
2019$13,183.191.75%
2020$13,304.700.92%
2021$13,851.294.11%
2022$15,164.419.48%
2023$16,377.028.00%
2024$16,984.043.71%
2025$17,237.461.49%*

* 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 1996 * 1996 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 153.400 in the year 1996 and 352.563 in 2025:

352.563 / 153.400 * $7,500 = $17,237.46

Therefore, according to U.S. Bureau of Labor Statistics, $7,500 in 1996 has the same "purchasing power" as $17,237.46 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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