Miami-Fort Lauderdale, Florida priced at $340,000 in 1988 $1,036,754.49 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2025 ($340,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 204.93% higher in 2025 versus 1988 (a $696,754.49 difference in value).

Between 1988 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.06% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $340,000 in the year 1988 would cost $1,036,754.49 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.74% 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 1988-2025 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%).

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Buying power of $340,000.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $340,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$340,000.004.43%
1989$353,848.794.07%
1990$372,265.265.20%
1991$385,385.173.52%
1992$391,750.751.65%
1993$405,259.403.45%
1994$417,990.573.14%
1995$433,442.903.70%
1996$447,243.103.18%
1997$461,772.193.25%
1998$467,797.631.30%
1999$473,167.071.15%
2000$488,813.783.31%
2001$503,998.863.11%
2002$511,239.101.44%
2003$526,035.442.89%
2004$540,151.492.68%
2005$565,516.654.70%
2006$593,602.974.97%
2007$617,781.754.07%
2008$647,481.334.81%
2009$644,901.57-0.40%
2010$650,105.560.81%
2011$672,221.113.40%
2012$685,364.831.96%
2013$693,887.181.24%
2014$708,508.832.11%
2015$715,519.240.99%
2016$727,922.651.73%
2017$747,358.342.67%
2018$772,609.793.38%
2019$786,145.651.75%
2020$793,391.480.92%
2021$825,985.714.11%
2022$904,290.679.48%
2023$976,601.538.00%
2024$1,012,799.363.71%
2025$1,036,754.492.37%*

* 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 1988 * 1988 USD value = 2025 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 355.597 in 2025:

355.597 / 116.617 * $340,000 = $1,036,754.49

Therefore, according to U.S. Bureau of Labor Statistics, $340,000 in 1988 has the same "purchasing power" as $1,036,754.49 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.

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