Miami-Fort Lauderdale, Florida priced at $20,000,000 in 1998 $44,324,914.30 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1998-2025 ($20,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 121.62% higher in 2025 versus 1998 (a $24,324,914.30 difference in value).

Between 1998 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.99% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $20,000,000 in the year 1998 would cost $44,324,914.30 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1998: Pricing changed by 1.30%, which is below the average yearly change for miami-fort lauderdale, florida during the 1998-2025 time period. Compared to inflation for all items in 1998 (1.55%), inflation for miami-fort lauderdale, florida was lower.

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 $20,000,000.00 since 1998

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $20,000,000 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$20,000,000.001.30%
1999$20,229,562.691.15%
2000$20,898,514.593.31%
2001$21,547,730.343.11%
2002$21,857,276.411.44%
2003$22,489,872.232.89%
2004$23,093,383.192.68%
2005$24,177,833.184.70%
2006$25,378,622.624.97%
2007$26,412,350.684.07%
2008$27,682,112.814.81%
2009$27,571,818.84-0.40%
2010$27,794,307.680.81%
2011$28,739,825.493.40%
2012$29,301,765.871.96%
2013$29,666,126.521.24%
2014$30,291,253.772.11%
2015$30,590,973.300.99%
2016$31,121,263.111.73%
2017$31,952,207.332.67%
2018$33,031,795.993.38%
2019$33,610,501.711.75%
2020$33,920,286.690.92%
2021$35,313,804.924.11%
2022$38,661,618.379.48%
2023$41,753,162.988.00%
2024$43,300,747.903.71%
2025$44,324,914.302.37%*

* 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 1998 * 1998 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 160.450 in the year 1998 and 355.597 in 2025:

355.597 / 160.450 * $20,000,000 = $44,324,914.30

Therefore, according to U.S. Bureau of Labor Statistics, $20,000,000 in 1998 has the same "purchasing power" as $44,324,914.30 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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