Miami-Fort Lauderdale, Florida priced at $700,000 in 1997 $1,571,615.10 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1997-2025 ($700,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 124.52% higher in 2025 versus 1997 (a $871,615.10 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 $700,000 in the year 1997 would cost $1,571,615.10 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%).

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Buying power of $700,000.00 since 1997

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $700,000 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$700,000.003.25%
1998$709,133.961.30%
1999$717,273.491.15%
2000$740,992.323.31%
2001$764,011.363.11%
2002$774,986.851.44%
2003$797,416.612.89%
2004$818,815.112.68%
2005$857,266.134.70%
2006$899,842.164.97%
2007$936,494.744.07%
2008$981,516.314.81%
2009$977,605.65-0.40%
2010$985,494.370.81%
2011$1,019,019.313.40%
2012$1,038,943.861.96%
2013$1,051,862.891.24%
2014$1,074,027.832.11%
2015$1,084,654.900.99%
2016$1,103,457.221.73%
2017$1,132,919.762.67%
2018$1,171,198.413.38%
2019$1,191,717.411.75%
2020$1,202,701.360.92%
2021$1,252,110.914.11%
2022$1,370,813.329.48%
2023$1,480,429.298.00%
2024$1,535,301.543.71%
2025$1,571,615.102.37%*

* 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 * $700,000 = $1,571,615.10

Therefore, according to U.S. Bureau of Labor Statistics, $700,000 in 1997 has the same "purchasing power" as $1,571,615.10 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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