Miami-Fort Lauderdale, Florida priced at$970,000 in 1987$3,101,182.66 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1987-2026 ($970,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 219.71% higher in 2026 versus 1987 (a $2,131,182.66 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 $970,000 in the year 1987 would cost $3,101,182.66 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
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Buying power of $970,000.00 since 1987

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $970,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$970,000.003.51%
1988$1,012,998.514.43%
1989$1,054,259.704.07%
1990$1,109,129.855.20%
1991$1,148,219.403.52%
1992$1,167,185.071.65%
1993$1,207,432.843.45%
1994$1,245,364.183.14%
1995$1,291,402.993.70%
1996$1,332,519.403.18%
1997$1,375,807.463.25%
1998$1,393,759.701.30%
1999$1,409,757.461.15%
2000$1,456,375.373.31%
2001$1,501,617.913.11%
2002$1,523,189.551.44%
2003$1,567,273.882.89%
2004$1,609,331.342.68%
2005$1,684,904.484.70%
2006$1,768,585.074.97%
2007$1,840,623.504.07%
2008$1,929,110.664.81%
2009$1,921,424.50-0.40%
2010$1,936,929.300.81%
2011$2,002,820.533.40%
2012$2,041,981.021.96%
2013$2,067,372.581.24%
2014$2,110,936.442.11%
2015$2,131,823.290.99%
2016$2,168,778.121.73%
2017$2,226,684.952.67%
2018$2,301,919.313.38%
2019$2,342,248.141.75%
2020$2,363,836.430.92%
2021$2,460,947.914.11%
2022$2,694,250.289.48%
2023$2,909,693.808.00%
2024$3,017,541.873.71%
2025$3,088,913.972.37%
2026$3,101,182.660.40%*

* 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* $970,000 = $3,101,182.66

Therefore, according to U.S. Bureau of Labor Statistics, $970,000 in 1987 has the same "purchasing power" as $3,101,182.66 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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