Miami-Fort Lauderdale, Florida priced at$1,000,000 in 1987$3,197,095.52 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1987-2026 ($1,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 219.71% higher in 2026 versus 1987 (a $2,197,095.52 difference in value).

Between 1987 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.02% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $1,000,000 in the year 1987 would cost $3,197,095.52 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.72% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1987: Pricing changed by 3.51%, which is above the average yearly change for miami-fort lauderdale, florida during the 1987-2026 time period. Compared to inflation for all items in 1987 (3.66%), 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%).

View price changes for other categories
Tampa, Florida · San Francisco, California · Airline fares · Bananas · More

Buying power of $1,000,000.00 since 1987

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,000,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$1,000,000.003.51%
1988$1,044,328.364.43%
1989$1,086,865.674.07%
1990$1,143,432.845.20%
1991$1,183,731.343.52%
1992$1,203,283.581.65%
1993$1,244,776.123.45%
1994$1,283,880.603.14%
1995$1,331,343.283.70%
1996$1,373,731.343.18%
1997$1,418,358.213.25%
1998$1,436,865.671.30%
1999$1,453,358.211.15%
2000$1,501,417.913.31%
2001$1,548,059.703.11%
2002$1,570,298.511.44%
2003$1,615,746.272.89%
2004$1,659,104.482.68%
2005$1,737,014.934.70%
2006$1,823,283.584.97%
2007$1,897,550.004.07%
2008$1,988,773.884.81%
2009$1,980,850.00-0.40%
2010$1,996,834.330.81%
2011$2,064,763.433.40%
2012$2,105,135.071.96%
2013$2,131,311.941.24%
2014$2,176,223.132.11%
2015$2,197,755.970.99%
2016$2,235,853.731.73%
2017$2,295,551.492.67%
2018$2,373,112.693.38%
2019$2,414,688.811.75%
2020$2,436,944.780.92%
2021$2,537,059.704.11%
2022$2,777,577.619.48%
2023$2,999,684.338.00%
2024$3,110,867.913.71%
2025$3,184,447.392.37%
2026$3,197,095.520.40%*

* 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 1987* 1987 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 111.667 in the year 1987 and 357.009 in 2026:

357.009 / 111.667* $1,000,000 = $3,197,095.52

Therefore, according to U.S. Bureau of Labor Statistics, $1,000,000 in 1987 has the same "purchasing power" as $3,197,095.52 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.

» Read more about inflation and investment.