Miami-Fort Lauderdale, Florida priced at $950,000 in 1988 $2,896,814.01 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1988-2025 ($950,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 204.93% higher in 2025 versus 1988 (a $1,946,814.01 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 $950,000 in the year 1988 would cost $2,896,814.01 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
Film and photographic supplies · Frankfurters · Hospital services · Wireless telephone services · More

Buying power of $950,000.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $950,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$950,000.004.43%
1989$988,695.164.07%
1990$1,040,152.925.20%
1991$1,076,811.493.52%
1992$1,094,597.681.65%
1993$1,132,342.433.45%
1994$1,167,914.823.14%
1995$1,211,090.473.70%
1996$1,249,649.853.18%
1997$1,290,245.823.25%
1998$1,307,081.611.30%
1999$1,322,084.461.15%
2000$1,365,803.203.31%
2001$1,408,232.103.11%
2002$1,428,462.201.44%
2003$1,469,804.922.89%
2004$1,509,246.822.68%
2005$1,580,120.054.70%
2006$1,658,596.544.97%
2007$1,726,154.894.07%
2008$1,809,139.024.81%
2009$1,801,930.86-0.40%
2010$1,816,471.420.81%
2011$1,878,264.863.40%
2012$1,914,989.961.96%
2013$1,938,802.421.24%
2014$1,979,657.032.11%
2015$1,999,244.930.99%
2016$2,033,901.531.73%
2017$2,088,207.122.67%
2018$2,158,762.653.38%
2019$2,196,583.431.75%
2020$2,216,829.140.92%
2021$2,307,901.244.11%
2022$2,526,694.519.48%
2023$2,728,739.578.00%
2024$2,829,880.563.71%
2025$2,896,814.012.37%*

* 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 * $950,000 = $2,896,814.01

Therefore, according to U.S. Bureau of Labor Statistics, $950,000 in 1988 has the same "purchasing power" as $2,896,814.01 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.

» Read more about inflation and investment.