Miami-Fort Lauderdale, Florida priced at$970,000 in 1979$4,887,773.18 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1979-2026 ($970,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 403.89% higher in 2026 versus 1979 (a $3,917,773.18 difference in value).

Between 1979 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.50% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $970,000 in the year 1979 would cost $4,887,773.18 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.24% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1979: Pricing changed by 9.70%, which is significantly above the average yearly change for miami-fort lauderdale, florida during the 1979-2026 time period. Compared to inflation for all items in 1979 (11.25%), 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 $970,000.00 since 1979

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $970,000 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1979$970,000.009.70%
1980$1,106,224.4214.04%
1981$1,232,180.6611.39%
1982$1,322,084.227.30%
1983$1,364,754.183.23%
1984$1,415,866.853.75%
1985$1,455,798.642.82%
1986$1,477,019.521.46%
1987$1,528,816.753.51%
1988$1,596,586.694.43%
1989$1,661,618.444.07%
1990$1,748,099.275.20%
1991$1,809,708.303.52%
1992$1,839,600.091.65%
1993$1,903,034.583.45%
1994$1,962,818.163.14%
1995$2,035,379.913.70%
1996$2,100,183.493.18%
1997$2,168,409.793.25%
1998$2,196,704.301.30%
1999$2,221,918.371.15%
2000$2,295,392.853.31%
2001$2,366,699.603.11%
2002$2,400,698.661.44%
2003$2,470,179.962.89%
2004$2,536,466.712.68%
2005$2,655,577.514.70%
2006$2,787,466.484.97%
2007$2,901,006.224.07%
2008$3,040,470.824.81%
2009$3,028,356.66-0.40%
2010$3,052,793.770.81%
2011$3,156,644.923.40%
2012$3,218,365.761.96%
2013$3,258,385.391.24%
2014$3,327,046.382.11%
2015$3,359,966.140.99%
2016$3,418,210.631.73%
2017$3,509,477.572.67%
2018$3,628,054.423.38%
2019$3,691,616.691.75%
2020$3,725,641.990.92%
2021$3,878,699.364.11%
2022$4,246,407.179.48%
2023$4,585,967.648.00%
2024$4,755,946.973.71%
2025$4,868,436.502.37%
2026$4,887,773.180.40%*

* 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 1979* 1979 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 70.850 in the year 1979 and 357.009 in 2026:

357.009 / 70.850* $970,000 = $4,887,773.18

Therefore, according to U.S. Bureau of Labor Statistics, $970,000 in 1979 has the same "purchasing power" as $4,887,773.18 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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