Miami-Fort Lauderdale, Florida priced at $980,000 in 1983 $3,495,917.33 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1983-2025 ($980,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 256.73% higher in 2025 versus 1983 (a $2,515,917.33 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 $980,000 in the year 1983 would cost $3,495,917.33 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 $980,000.00 since 1983

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $980,000 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$980,000.003.23%
1984$1,016,702.893.75%
1985$1,045,377.032.82%
1986$1,060,615.281.46%
1987$1,097,809.733.51%
1988$1,146,473.834.43%
1989$1,193,171.714.07%
1990$1,255,271.695.20%
1991$1,299,511.793.52%
1992$1,320,976.431.65%
1993$1,366,527.343.45%
1994$1,409,456.613.14%
1995$1,461,561.613.70%
1996$1,508,095.643.18%
1997$1,557,087.443.25%
1998$1,577,405.121.30%
1999$1,595,510.781.15%
2000$1,648,271.193.31%
2001$1,699,475.003.11%
2002$1,723,888.981.44%
2003$1,773,781.982.89%
2004$1,821,381.042.68%
2005$1,906,911.894.70%
2006$2,001,618.464.97%
2007$2,083,148.854.07%
2008$2,183,295.324.81%
2009$2,174,596.41-0.40%
2010$2,192,144.160.81%
2011$2,266,717.393.40%
2012$2,311,037.771.96%
2013$2,339,774.991.24%
2014$2,389,078.932.11%
2015$2,412,717.890.99%
2016$2,454,541.981.73%
2017$2,520,078.772.67%
2018$2,605,226.203.38%
2019$2,650,868.871.75%
2020$2,675,301.690.92%
2021$2,785,208.834.11%
2022$3,049,251.739.48%
2023$3,293,082.658.00%
2024$3,415,141.063.71%
2025$3,495,917.332.37%*

* 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 * $980,000 = $3,495,917.33

Therefore, according to U.S. Bureau of Labor Statistics, $980,000 in 1983 has the same "purchasing power" as $3,495,917.33 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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