Miami-Fort Lauderdale, Florida priced at$740,000 in 1988$2,265,427.98 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2026 ($740,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 206.14% higher in 2026 versus 1988 (a $1,525,427.98 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 $740,000 in the year 1988 would cost $2,265,427.98 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 $740,000.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $740,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$740,000.004.43%
1989$770,141.494.07%
1990$810,224.385.20%
1991$838,779.483.52%
1992$852,633.991.65%
1993$882,035.163.45%
1994$909,744.183.14%
1995$943,375.733.70%
1996$973,411.463.18%
1997$1,005,033.593.25%
1998$1,018,147.781.30%
1999$1,029,834.211.15%
2000$1,063,888.813.31%
2001$1,096,938.693.11%
2002$1,112,696.871.44%
2003$1,144,900.672.89%
2004$1,175,623.842.68%
2005$1,230,830.364.70%
2006$1,291,959.414.97%
2007$1,344,583.814.07%
2008$1,409,224.084.81%
2009$1,403,609.30-0.40%
2010$1,414,935.630.81%
2011$1,463,069.473.40%
2012$1,491,676.391.96%
2013$1,510,225.041.24%
2014$1,542,048.642.11%
2015$1,557,306.570.99%
2016$1,584,302.241.73%
2017$1,626,603.442.67%
2018$1,681,562.483.38%
2019$1,711,022.881.75%
2020$1,726,793.230.92%
2021$1,797,733.604.11%
2022$1,968,162.049.48%
2023$2,125,544.508.00%
2024$2,204,328.013.71%
2025$2,256,465.652.37%
2026$2,265,427.980.40%*

* 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* $740,000 = $2,265,427.98

Therefore, according to U.S. Bureau of Labor Statistics, $740,000 in 1988 has the same "purchasing power" as $2,265,427.98 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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