Miami-Fort Lauderdale, Florida priced at $490,000 in 1988 $1,494,146.17 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2025 ($490,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 204.93% higher in 2025 versus 1988 (a $1,004,146.17 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 $490,000 in the year 1988 would cost $1,494,146.17 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%).

View price changes for other categories
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Buying power of $490,000.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $490,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$490,000.004.43%
1989$509,958.554.07%
1990$536,499.935.20%
1991$555,408.033.52%
1992$564,581.961.65%
1993$584,050.313.45%
1994$602,398.173.14%
1995$624,667.713.70%
1996$644,556.243.18%
1997$665,495.213.25%
1998$674,178.931.30%
1999$681,917.251.15%
2000$704,466.913.31%
2001$726,351.293.11%
2002$736,785.771.44%
2003$758,109.902.89%
2004$778,453.622.68%
2005$815,009.294.70%
2006$855,486.644.97%
2007$890,332.524.07%
2008$933,134.864.81%
2009$929,416.97-0.40%
2010$936,916.840.81%
2011$968,789.253.40%
2012$987,731.661.96%
2013$1,000,013.881.24%
2014$1,021,086.262.11%
2015$1,031,189.490.99%
2016$1,049,065.001.73%
2017$1,077,075.252.67%
2018$1,113,467.053.38%
2019$1,132,974.611.75%
2020$1,143,417.140.92%
2021$1,190,391.174.11%
2022$1,303,242.439.48%
2023$1,407,455.158.00%
2024$1,459,622.603.71%
2025$1,494,146.172.37%*

* 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 * $490,000 = $1,494,146.17

Therefore, according to U.S. Bureau of Labor Statistics, $490,000 in 1988 has the same "purchasing power" as $1,494,146.17 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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