Miami-Fort Lauderdale, Florida priced at$590,000 in 1994$1,469,207 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1994-2026 ($590,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 149.02% higher in 2026 versus 1994 (a $879,207 difference in value).

Between 1994 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.89% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $590,000 in the year 1994 would cost $1,469,207 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 1994: Pricing changed by 3.14%, which is above the average yearly change for miami-fort lauderdale, florida during the 1994-2026 time period. Compared to inflation for all items in 1994 (2.61%), 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
Dental services · Legal services · New trucks · Fish and seafood · More

Buying power of $590,000.00 since 1994

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $590,000 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1994$590,000.003.14%
1995$611,811.213.70%
1996$631,290.403.18%
1997$651,798.423.25%
1998$660,303.421.30%
1999$667,882.471.15%
2000$689,968.033.31%
2001$711,402.003.11%
2002$721,621.721.44%
2003$742,506.982.89%
2004$762,431.992.68%
2005$798,235.294.70%
2006$837,879.564.97%
2007$872,008.274.07%
2008$913,929.684.81%
2009$910,288.31-0.40%
2010$917,633.820.81%
2011$948,850.253.40%
2012$967,402.811.96%
2013$979,432.241.24%
2014$1,000,070.922.11%
2015$1,009,966.210.99%
2016$1,027,473.821.73%
2017$1,054,907.592.67%
2018$1,090,550.393.38%
2019$1,109,656.461.75%
2020$1,119,884.060.92%
2021$1,165,891.304.11%
2022$1,276,419.949.48%
2023$1,378,487.818.00%
2024$1,429,581.593.71%
2025$1,463,394.622.37%
2026$1,469,207.000.40%*

* 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 1994* 1994 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 143.367 in the year 1994 and 357.009 in 2026:

357.009 / 143.367* $590,000 = $1,469,207

Therefore, according to U.S. Bureau of Labor Statistics, $590,000 in 1994 has the same "purchasing power" as $1,469,207 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.

» Read more about inflation and investment.