Miami-Fort Lauderdale, Florida priced at $970,000 in 1978 $5,362,044.85 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1978-2026 ($970,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 452.79% higher in 2026 versus 1978 (a $4,392,044.85 difference in value).

Between 1978 and 2026: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.63% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $970,000 in the year 1978 would cost $5,362,044.85 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.40% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1978: Pricing changed by 4.17%, which is above the average yearly change for miami-fort lauderdale, florida during the 1978-2026 time period. Compared to inflation for all items in 1978 (7.63%), inflation for miami-fort lauderdale, florida was much 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 $970,000.00 since 1978

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $970,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$970,000.004.17%
1979$1,064,121.299.70%
1980$1,213,563.8714.04%
1981$1,351,741.9411.39%
1982$1,450,369.037.30%
1983$1,497,179.353.23%
1984$1,553,251.613.75%
1985$1,597,058.062.82%
1986$1,620,338.061.46%
1987$1,677,161.293.51%
1988$1,751,507.104.43%
1989$1,822,849.034.07%
1990$1,917,721.295.20%
1991$1,985,308.393.52%
1992$2,018,100.651.65%
1993$2,087,690.323.45%
1994$2,153,274.843.14%
1995$2,232,877.423.70%
1996$2,303,969.033.18%
1997$2,378,815.483.25%
1998$2,409,855.481.30%
1999$2,437,516.131.15%
2000$2,518,120.003.31%
2001$2,596,345.813.11%
2002$2,633,643.871.44%
2003$2,709,867.102.89%
2004$2,782,585.812.68%
2005$2,913,254.194.70%
2006$3,057,940.654.97%
2007$3,182,497.414.07%
2008$3,335,494.574.81%
2009$3,322,204.94-0.40%
2010$3,349,013.240.81%
2011$3,462,941.303.40%
2012$3,530,651.061.96%
2013$3,574,553.881.24%
2014$3,649,877.202.11%
2015$3,685,991.240.99%
2016$3,749,887.331.73%
2017$3,850,010.102.67%
2018$3,980,092.743.38%
2019$4,049,822.591.75%
2020$4,087,149.450.92%
2021$4,255,058.324.11%
2022$4,658,445.659.48%
2023$5,030,954.448.00%
2024$5,217,427.243.71%
2025$5,340,831.892.37%
2026$5,362,044.850.40%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380355.597357.009

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1978 * 1978 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 64.583 in the year 1978 and 357.009 in 2026:

357.009 / 64.583 * $970,000 = $5,362,044.85

Therefore, according to U.S. Bureau of Labor Statistics, $970,000 in 1978 has the same "purchasing power" as $5,362,044.85 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.

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