Miami-Fort Lauderdale, Florida priced at $8,000 in 1998 $17,652.98 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1998-2025 ($8,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 120.66% higher in 2025 versus 1998 (a $9,652.98 difference in value).

Between 1998 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.97% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $8,000 in the year 1998 would cost $17,652.98 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.53% 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 1998-2025 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
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 $8,000.00 since 1998

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $8,000 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$8,000.001.30%
1999$8,091.831.15%
2000$8,359.413.31%
2001$8,619.093.11%
2002$8,742.911.44%
2003$8,995.952.89%
2004$9,237.352.68%
2005$9,671.134.70%
2006$10,151.454.97%
2007$10,564.944.07%
2008$11,072.854.81%
2009$11,028.73-0.40%
2010$11,117.720.81%
2011$11,495.933.40%
2012$11,720.711.96%
2013$11,866.451.24%
2014$12,116.502.11%
2015$12,236.390.99%
2016$12,448.511.73%
2017$12,780.882.67%
2018$13,212.723.38%
2019$13,444.201.75%
2020$13,568.110.92%
2021$14,125.524.11%
2022$15,464.659.48%
2023$16,701.278.00%
2024$17,320.303.71%
2025$17,652.981.92%*

* 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:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380354.053

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1998 * 1998 USD value = 2025 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 354.053 in 2025:

354.053 / 160.450 * $8,000 = $17,652.98

Therefore, according to U.S. Bureau of Labor Statistics, $8,000 in 1998 has the same "purchasing power" as $17,652.98 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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