Miami-Fort Lauderdale, Florida priced at $420,000 in 1996 $973,602.23 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1996-2025 ($420,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 131.81% higher in 2025 versus 1996 (a $553,602.23 difference in value).

Between 1996 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.94% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $420,000 in the year 1996 would cost $973,602.23 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1996: Pricing changed by 3.18%, which is above the average yearly change for miami-fort lauderdale, florida during the 1996-2025 time period. Compared to inflation for all items in 1996 (2.93%), 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 $420,000.00 since 1996

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $420,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$420,000.003.18%
1997$433,644.073.25%
1998$439,302.481.30%
1999$444,344.851.15%
2000$459,038.463.31%
2001$473,298.573.11%
2002$480,097.781.44%
2003$493,992.832.89%
2004$507,249.022.68%
2005$531,069.104.70%
2006$557,444.594.97%
2007$580,150.554.07%
2008$608,041.044.81%
2009$605,618.42-0.40%
2010$610,505.410.81%
2011$631,273.833.40%
2012$643,616.921.96%
2013$651,620.141.24%
2014$665,351.142.11%
2015$671,934.520.99%
2016$683,582.401.73%
2017$701,834.192.67%
2018$725,547.493.38%
2019$738,258.831.75%
2020$745,063.300.92%
2021$775,672.104.11%
2022$849,207.249.48%
2023$917,113.408.00%
2024$951,106.293.71%
2025$973,602.232.37%*

* 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 1996 * 1996 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 153.400 in the year 1996 and 355.597 in 2025:

355.597 / 153.400 * $420,000 = $973,602.23

Therefore, according to U.S. Bureau of Labor Statistics, $420,000 in 1996 has the same "purchasing power" as $973,602.23 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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