Miami-Fort Lauderdale, Florida priced at $960,000 in 1987 $3,057,069.49 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1987-2025 ($960,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 218.44% higher in 2025 versus 1987 (a $2,097,069.49 difference in value).

Between 1987 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.10% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $960,000 in the year 1987 would cost $3,057,069.49 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.77% 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 1987-2025 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
Airline fares · Seattle, Washington · Wireless telephone services · Food · More

Buying power of $960,000.00 since 1987

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $960,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$960,000.003.51%
1988$1,002,555.224.43%
1989$1,043,391.044.07%
1990$1,097,695.525.20%
1991$1,136,382.093.52%
1992$1,155,152.241.65%
1993$1,194,985.073.45%
1994$1,232,525.373.14%
1995$1,278,089.553.70%
1996$1,318,782.093.18%
1997$1,361,623.883.25%
1998$1,379,391.041.30%
1999$1,395,223.881.15%
2000$1,441,361.193.31%
2001$1,486,137.313.11%
2002$1,507,486.571.44%
2003$1,551,116.422.89%
2004$1,592,740.302.68%
2005$1,667,534.334.70%
2006$1,750,352.244.97%
2007$1,821,648.004.07%
2008$1,909,222.934.81%
2009$1,901,616.00-0.40%
2010$1,916,960.960.81%
2011$1,982,172.903.40%
2012$2,020,929.671.96%
2013$2,046,059.461.24%
2014$2,089,174.212.11%
2015$2,109,845.730.99%
2016$2,146,419.581.73%
2017$2,203,729.432.67%
2018$2,278,188.183.38%
2019$2,318,101.251.75%
2020$2,339,466.990.92%
2021$2,435,577.314.11%
2022$2,666,474.519.48%
2023$2,879,696.968.00%
2024$2,986,433.193.71%
2025$3,057,069.492.37%*

* 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 1987 * 1987 USD value = 2025 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 355.597 in 2025:

355.597 / 111.667 * $960,000 = $3,057,069.49

Therefore, according to U.S. Bureau of Labor Statistics, $960,000 in 1987 has the same "purchasing power" as $3,057,069.49 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.

» Read more about inflation and investment.