Miami-Fort Lauderdale, Florida priced at $980,000 in 1987 $3,120,758.44 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1987-2025 ($980,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 218.44% higher in 2025 versus 1987 (a $2,140,758.44 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 $980,000 in the year 1987 would cost $3,120,758.44 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
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Buying power of $980,000.00 since 1987

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $980,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$980,000.003.51%
1988$1,023,441.794.43%
1989$1,065,128.364.07%
1990$1,120,564.185.20%
1991$1,160,056.723.52%
1992$1,179,217.911.65%
1993$1,219,880.603.45%
1994$1,258,202.993.14%
1995$1,304,716.423.70%
1996$1,346,256.723.18%
1997$1,389,991.043.25%
1998$1,408,128.361.30%
1999$1,424,291.041.15%
2000$1,471,389.553.31%
2001$1,517,098.513.11%
2002$1,538,892.541.44%
2003$1,583,431.342.89%
2004$1,625,922.392.68%
2005$1,702,274.634.70%
2006$1,786,817.914.97%
2007$1,859,599.004.07%
2008$1,948,998.404.81%
2009$1,941,233.00-0.40%
2010$1,956,897.640.81%
2011$2,023,468.163.40%
2012$2,063,032.371.96%
2013$2,088,685.701.24%
2014$2,132,698.672.11%
2015$2,153,800.850.99%
2016$2,191,136.661.73%
2017$2,249,640.462.67%
2018$2,325,650.433.38%
2019$2,366,395.031.75%
2020$2,388,205.880.92%
2021$2,486,318.514.11%
2022$2,722,026.069.48%
2023$2,939,690.648.00%
2024$3,048,650.553.71%
2025$3,120,758.442.37%*

* 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 * $980,000 = $3,120,758.44

Therefore, according to U.S. Bureau of Labor Statistics, $980,000 in 1987 has the same "purchasing power" as $3,120,758.44 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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