Miami-Fort Lauderdale, Florida priced at$240,000 in 1983$859,543.49 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1983-2026 ($240,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 258.14% higher in 2026 versus 1983 (a $619,543.49 difference in value).

Between 1983 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.01% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $240,000 in the year 1983 would cost $859,543.49 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1983: Pricing changed by 3.23%, which is above the average yearly change for miami-fort lauderdale, florida during the 1983-2026 time period. Compared to inflation for all items in 1983 (3.21%), 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
Years with the largest changes in pricing: 1980 (14.04%), 1981 (11.39%), and 1979 (9.70%).

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Buying power of $240,000.00 since 1983

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $240,000 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$240,000.003.23%
1984$248,988.463.75%
1985$256,010.702.82%
1986$259,742.521.46%
1987$268,851.363.51%
1988$280,769.104.43%
1989$292,205.324.07%
1990$307,413.485.20%
1991$318,247.783.52%
1992$323,504.431.65%
1993$334,659.763.45%
1994$345,173.053.14%
1995$357,933.463.70%
1996$369,329.543.18%
1997$381,327.543.25%
1998$386,303.291.30%
1999$390,737.331.15%
2000$403,658.253.31%
2001$416,197.963.11%
2002$422,176.891.44%
2003$434,395.592.89%
2004$446,052.502.68%
2005$466,998.834.70%
2006$490,192.284.97%
2007$510,158.904.07%
2008$534,684.574.81%
2009$532,554.22-0.40%
2010$536,851.630.81%
2011$555,114.463.40%
2012$565,968.431.96%
2013$573,006.121.24%
2014$585,080.562.11%
2015$590,869.690.99%
2016$601,112.321.73%
2017$617,162.152.67%
2018$638,014.583.38%
2019$649,192.381.75%
2020$655,175.920.92%
2021$682,091.964.11%
2022$746,755.539.48%
2023$806,469.228.00%
2024$836,361.083.71%
2025$856,143.022.37%
2026$859,543.490.40%*

* 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 1983* 1983 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 99.683 in the year 1983 and 357.009 in 2026:

357.009 / 99.683* $240,000 = $859,543.49

Therefore, according to U.S. Bureau of Labor Statistics, $240,000 in 1983 has the same "purchasing power" as $859,543.49 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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