Miami-Fort Lauderdale, Florida priced at$240,000 in 1988$734,733.40 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2026 ($240,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 206.14% higher in 2026 versus 1988 (a $494,733.40 difference in value).

Between 1988 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.99% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $240,000 in the year 1988 would cost $734,733.40 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.69% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1988: Pricing changed by 4.43%, which is above the average yearly change for miami-fort lauderdale, florida during the 1988-2026 time period. Compared to inflation for all items in 1988 (4.08%), 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 $240,000.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $240,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$240,000.004.43%
1989$249,775.624.07%
1990$262,775.485.20%
1991$272,036.593.52%
1992$276,529.941.65%
1993$286,065.463.45%
1994$295,052.173.14%
1995$305,959.703.70%
1996$315,701.013.18%
1997$325,956.843.25%
1998$330,210.091.30%
1999$334,000.291.15%
2000$345,045.023.31%
2001$355,763.903.11%
2002$360,874.661.44%
2003$371,319.142.89%
2004$381,283.412.68%
2005$399,188.224.70%
2006$419,013.864.97%
2007$436,081.234.07%
2008$457,045.654.81%
2009$455,224.64-0.40%
2010$458,898.040.81%
2011$474,509.023.40%
2012$483,786.941.96%
2013$489,802.721.24%
2014$500,123.882.11%
2015$505,072.400.99%
2016$513,827.751.73%
2017$527,547.062.67%
2018$545,371.623.38%
2019$554,926.341.75%
2020$560,041.050.92%
2021$583,048.744.11%
2022$638,322.829.48%
2023$689,365.798.00%
2024$714,917.193.71%
2025$731,826.702.37%
2026$734,733.400.40%*

* 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 1988* 1988 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 116.617 in the year 1988 and 357.009 in 2026:

357.009 / 116.617* $240,000 = $734,733.40

Therefore, according to U.S. Bureau of Labor Statistics, $240,000 in 1988 has the same "purchasing power" as $734,733.40 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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