Miami-Fort Lauderdale, Florida priced at$720,000 in 1993$1,849,255.25 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1993-2026 ($720,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 156.84% higher in 2026 versus 1993 (a $1,129,255.25 difference in value).

Between 1993 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.90% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $720,000 in the year 1993 would cost $1,849,255.25 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1993: Pricing changed by 3.45%, which is above the average yearly change for miami-fort lauderdale, florida during the 1993-2026 time period. Compared to inflation for all items in 1993 (2.95%), 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%).

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Buying power of $720,000.00 since 1993

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $720,000 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1993$720,000.003.45%
1994$742,618.713.14%
1995$770,071.943.70%
1996$794,589.933.18%
1997$820,402.883.25%
1998$831,107.911.30%
1999$840,647.481.15%
2000$868,446.043.31%
2001$895,424.463.11%
2002$908,287.771.44%
2003$934,575.542.89%
2004$959,654.682.68%
2005$1,004,719.424.70%
2006$1,054,618.714.97%
2007$1,097,575.684.07%
2008$1,150,341.154.81%
2009$1,145,757.84-0.40%
2010$1,155,003.450.81%
2011$1,194,294.823.40%
2012$1,217,646.471.96%
2013$1,232,787.631.24%
2014$1,258,765.042.11%
2015$1,271,220.000.99%
2016$1,293,256.401.73%
2017$1,327,786.622.67%
2018$1,372,649.353.38%
2019$1,396,697.701.75%
2020$1,409,570.940.92%
2021$1,467,479.144.11%
2022$1,606,598.859.48%
2023$1,735,069.218.00%
2024$1,799,379.713.71%
2025$1,841,939.352.37%
2026$1,849,255.250.40%*

* 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 1993* 1993 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 139.000 in the year 1993 and 357.009 in 2026:

357.009 / 139.000* $720,000 = $1,849,255.25

Therefore, according to U.S. Bureau of Labor Statistics, $720,000 in 1993 has the same "purchasing power" as $1,849,255.25 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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