Miami-Fort Lauderdale, Florida priced at$420,000 in 1988$1,285,783.45 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2026 ($420,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 206.14% higher in 2026 versus 1988 (a $865,783.45 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 $420,000 in the year 1988 would cost $1,285,783.45 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 $420,000.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $420,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$420,000.004.43%
1989$437,107.334.07%
1990$459,857.085.20%
1991$476,064.033.52%
1992$483,927.401.65%
1993$500,614.553.45%
1994$516,341.293.14%
1995$535,429.473.70%
1996$552,476.783.18%
1997$570,424.473.25%
1998$577,867.661.30%
1999$584,500.501.15%
2000$603,828.783.31%
2001$622,586.823.11%
2002$631,530.661.44%
2003$649,808.492.89%
2004$667,245.962.68%
2005$698,579.394.70%
2006$733,274.264.97%
2007$763,142.164.07%
2008$799,829.884.81%
2009$796,643.12-0.40%
2010$803,071.570.81%
2011$830,390.783.40%
2012$846,627.141.96%
2013$857,154.751.24%
2014$875,216.792.11%
2015$883,876.700.99%
2016$899,198.571.73%
2017$923,207.362.67%
2018$954,400.333.38%
2019$971,121.091.75%
2020$980,071.830.92%
2021$1,020,335.294.11%
2022$1,117,064.949.48%
2023$1,206,390.128.00%
2024$1,251,105.093.71%
2025$1,280,696.722.37%
2026$1,285,783.450.40%*

* 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* $420,000 = $1,285,783.45

Therefore, according to U.S. Bureau of Labor Statistics, $420,000 in 1988 has the same "purchasing power" as $1,285,783.45 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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