Miami-Fort Lauderdale, Florida priced at $980,000 in 1994 $2,430,723.27 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1994-2025 ($980,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 148.03% higher in 2025 versus 1994 (a $1,450,723.27 difference in value).

Between 1994 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.97% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $980,000 in the year 1994 would cost $2,430,723.27 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.52% 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 1994-2025 time period. Compared to inflation for all items in 1994 (2.60%), 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 $980,000.00 since 1994

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $980,000 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1994$980,000.003.14%
1995$1,016,228.783.70%
1996$1,048,584.053.18%
1997$1,082,648.223.25%
1998$1,096,775.171.30%
1999$1,109,364.101.15%
2000$1,146,048.593.31%
2001$1,181,650.783.11%
2002$1,198,625.901.44%
2003$1,233,316.672.89%
2004$1,266,412.462.68%
2005$1,325,882.354.70%
2006$1,391,732.164.97%
2007$1,448,420.524.07%
2008$1,518,052.704.81%
2009$1,512,004.31-0.40%
2010$1,524,205.320.81%
2011$1,576,056.353.40%
2012$1,606,872.461.96%
2013$1,626,853.551.24%
2014$1,661,134.752.11%
2015$1,677,571.000.99%
2016$1,706,651.431.73%
2017$1,752,219.382.67%
2018$1,811,422.683.38%
2019$1,843,158.181.75%
2020$1,860,146.410.92%
2021$1,936,565.224.11%
2022$2,120,155.159.48%
2023$2,289,691.628.00%
2024$2,374,559.253.71%
2025$2,430,723.272.37%*

* 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 1994 * 1994 USD value = 2025 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 355.597 in 2025:

355.597 / 143.367 * $980,000 = $2,430,723.27

Therefore, according to U.S. Bureau of Labor Statistics, $980,000 in 1994 has the same "purchasing power" as $2,430,723.27 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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