Miami-Fort Lauderdale, Florida priced at $970,000 in 1983 $3,460,244.70 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1983-2025 ($970,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 256.73% higher in 2025 versus 1983 (a $2,490,244.70 difference in value).

Between 1983 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.07% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $970,000 in the year 1983 would cost $3,460,244.70 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.83% 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 1983-2025 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%).

View price changes for other categories
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Buying power of $970,000.00 since 1983

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $970,000 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$970,000.003.23%
1984$1,006,328.373.75%
1985$1,034,709.912.82%
1986$1,049,792.681.46%
1987$1,086,607.593.51%
1988$1,134,775.124.43%
1989$1,180,996.494.07%
1990$1,242,462.805.20%
1991$1,286,251.463.52%
1992$1,307,497.071.65%
1993$1,352,583.183.45%
1994$1,395,074.403.14%
1995$1,446,647.723.70%
1996$1,492,706.913.18%
1997$1,541,198.803.25%
1998$1,561,309.151.30%
1999$1,579,230.061.15%
2000$1,631,452.103.31%
2001$1,682,133.423.11%
2002$1,706,298.281.44%
2003$1,755,682.162.89%
2004$1,802,795.522.68%
2005$1,887,453.604.70%
2006$1,981,193.784.97%
2007$2,061,892.234.07%
2008$2,161,016.794.81%
2009$2,152,406.65-0.40%
2010$2,169,775.340.81%
2011$2,243,587.623.40%
2012$2,287,455.751.96%
2013$2,315,899.731.24%
2014$2,364,700.582.11%
2015$2,388,098.320.99%
2016$2,429,495.641.73%
2017$2,494,363.682.67%
2018$2,578,642.263.38%
2019$2,623,819.191.75%
2020$2,648,002.690.92%
2021$2,756,788.334.11%
2022$3,018,136.929.48%
2023$3,259,479.768.00%
2024$3,380,292.693.71%
2025$3,460,244.702.37%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380355.597

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1983 * 1983 USD value = 2025 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 355.597 in 2025:

355.597 / 99.683 * $970,000 = $3,460,244.70

Therefore, according to U.S. Bureau of Labor Statistics, $970,000 in 1983 has the same "purchasing power" as $3,460,244.70 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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