Miami-Fort Lauderdale, Florida priced at$560,000 in 1997$1,262,285.85 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1997-2026 ($560,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 125.41% higher in 2026 versus 1997 (a $702,285.85 difference in value).

Between 1997 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.84% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $560,000 in the year 1997 would cost $1,262,285.85 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.45% 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 1997-2026 time period. Compared to inflation for all items in 1997 (2.34%), 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 $560,000.00 since 1997

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $560,000 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$560,000.003.25%
1998$567,307.171.30%
1999$573,818.791.15%
2000$592,793.853.31%
2001$611,209.093.11%
2002$619,989.481.44%
2003$637,933.282.89%
2004$655,052.092.68%
2005$685,812.904.70%
2006$719,873.724.97%
2007$749,195.794.07%
2008$785,213.054.81%
2009$782,084.52-0.40%
2010$788,395.500.81%
2011$815,215.453.40%
2012$831,155.091.96%
2013$841,490.311.24%
2014$859,222.272.11%
2015$867,723.920.99%
2016$882,765.781.73%
2017$906,335.812.67%
2018$936,958.733.38%
2019$953,373.921.75%
2020$962,161.090.92%
2021$1,001,688.734.11%
2022$1,096,650.669.48%
2023$1,184,343.438.00%
2024$1,228,241.233.71%
2025$1,257,292.082.37%
2026$1,262,285.850.40%*

* 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 1997* 1997 USD value = 2026 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 357.009 in 2026:

357.009 / 158.383* $560,000 = $1,262,285.85

Therefore, according to U.S. Bureau of Labor Statistics, $560,000 in 1997 has the same "purchasing power" as $1,262,285.85 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.

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