Miami-Fort Lauderdale, Florida priced at $980,000 in 1988 $2,988,292.35 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2025 ($980,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 204.93% higher in 2025 versus 1988 (a $2,008,292.35 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 $980,000 in the year 1988 would cost $2,988,292.35 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 $980,000.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $980,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$980,000.004.43%
1989$1,019,917.114.07%
1990$1,072,999.865.20%
1991$1,110,816.063.52%
1992$1,129,163.931.65%
1993$1,168,100.613.45%
1994$1,204,796.343.14%
1995$1,249,335.433.70%
1996$1,289,112.483.18%
1997$1,330,990.423.25%
1998$1,348,357.871.30%
1999$1,363,834.501.15%
2000$1,408,933.833.31%
2001$1,452,702.593.11%
2002$1,473,571.531.44%
2003$1,516,219.812.89%
2004$1,556,907.252.68%
2005$1,630,018.584.70%
2006$1,710,973.274.97%
2007$1,780,665.044.07%
2008$1,866,269.734.81%
2009$1,858,833.94-0.40%
2010$1,873,833.670.81%
2011$1,937,578.493.40%
2012$1,975,463.331.96%
2013$2,000,027.751.24%
2014$2,042,172.522.11%
2015$2,062,378.980.99%
2016$2,098,130.001.73%
2017$2,154,150.512.67%
2018$2,226,934.103.38%
2019$2,265,949.221.75%
2020$2,286,834.270.92%
2021$2,380,782.344.11%
2022$2,606,484.869.48%
2023$2,814,910.298.00%
2024$2,919,245.213.71%
2025$2,988,292.352.37%*

* 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 * $980,000 = $2,988,292.35

Therefore, according to U.S. Bureau of Labor Statistics, $980,000 in 1988 has the same "purchasing power" as $2,988,292.35 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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