Miami-Fort Lauderdale, Florida priced at $980,000 in 1996 $2,271,738.54 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1996-2025 ($980,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 131.81% higher in 2025 versus 1996 (a $1,291,738.54 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 $980,000 in the year 1996 would cost $2,271,738.54 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 $980,000.00 since 1996

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $980,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$980,000.003.18%
1997$1,011,836.163.25%
1998$1,025,039.111.30%
1999$1,036,804.651.15%
2000$1,071,089.743.31%
2001$1,104,363.323.11%
2002$1,120,228.161.44%
2003$1,152,649.932.89%
2004$1,183,581.052.68%
2005$1,239,161.234.70%
2006$1,300,704.044.97%
2007$1,353,684.634.07%
2008$1,418,762.424.81%
2009$1,413,109.64-0.40%
2010$1,424,512.620.81%
2011$1,472,972.263.40%
2012$1,501,772.811.96%
2013$1,520,447.001.24%
2014$1,552,486.002.11%
2015$1,567,847.210.99%
2016$1,595,025.601.73%
2017$1,637,613.112.67%
2018$1,692,944.143.38%
2019$1,722,603.941.75%
2020$1,738,481.030.92%
2021$1,809,901.564.11%
2022$1,981,483.559.48%
2023$2,139,931.268.00%
2024$2,219,248.013.71%
2025$2,271,738.542.37%*

* 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 * $980,000 = $2,271,738.54

Therefore, according to U.S. Bureau of Labor Statistics, $980,000 in 1996 has the same "purchasing power" as $2,271,738.54 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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