Miami-Fort Lauderdale, Florida priced at $240,000 in 1997 $538,839.46 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 1997-2025 ($240,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 124.52% higher in 2025 versus 1997 (a $298,839.46 difference in value).

Between 1997 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.93% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $240,000 in the year 1997 would cost $538,839.46 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1997: Pricing changed by 3.25%, which is above the average yearly change for miami-fort lauderdale, florida during the 1997-2025 time period. Compared to inflation for all items in 1997 (2.33%), 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
Rent of primary residence · New cars · Televisions · Fish and seafood · More

Buying power of $240,000.00 since 1997

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $240,000 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$240,000.003.25%
1998$243,131.641.30%
1999$245,922.341.15%
2000$254,054.513.31%
2001$261,946.753.11%
2002$265,709.781.44%
2003$273,399.982.89%
2004$280,736.612.68%
2005$293,919.814.70%
2006$308,517.314.97%
2007$321,083.914.07%
2008$336,519.884.81%
2009$335,179.08-0.40%
2010$337,883.780.81%
2011$349,378.053.40%
2012$356,209.321.96%
2013$360,638.701.24%
2014$368,238.112.11%
2015$371,881.680.99%
2016$378,328.191.73%
2017$388,429.632.67%
2018$401,553.743.38%
2019$408,588.821.75%
2020$412,354.750.92%
2021$429,295.174.11%
2022$469,993.149.48%
2023$507,575.768.00%
2024$526,389.103.71%
2025$538,839.462.37%*

* 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 1997 * 1997 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 158.383 in the year 1997 and 355.597 in 2025:

355.597 / 158.383 * $240,000 = $538,839.46

Therefore, according to U.S. Bureau of Labor Statistics, $240,000 in 1997 has the same "purchasing power" as $538,839.46 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.

» Read more about inflation and investment.