Miami-Fort Lauderdale, Florida priced at $2,890,000 in 2002 $5,860,702.86 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 2002-2025 ($2,890,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 102.79% higher in 2025 versus 2002 (a $2,970,702.86 difference in value).

Between 2002 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.12% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $2,890,000 in the year 2002 would cost $5,860,702.86 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2002: Pricing changed by 1.44%, which is below the average yearly change for miami-fort lauderdale, florida during the 2002-2025 time period. Compared to inflation for all items in 2002 (1.59%), 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%).

View price changes for other categories
Milk · Minneapolis-St Paul, Minnesota · Denver, Colorado · San Diego, California · More

Buying power of $2,890,000.00 since 2002

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $2,890,000 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2002$2,890,000.001.44%
2003$2,973,642.712.89%
2004$3,053,439.792.68%
2005$3,196,827.304.70%
2006$3,355,597.384.97%
2007$3,492,278.364.07%
2008$3,660,168.114.81%
2009$3,645,584.88-0.40%
2010$3,675,002.670.81%
2011$3,800,020.373.40%
2012$3,874,320.921.96%
2013$3,922,497.211.24%
2014$4,005,152.412.11%
2015$4,044,781.760.99%
2016$4,114,897.421.73%
2017$4,224,766.042.67%
2018$4,367,510.783.38%
2019$4,444,028.071.75%
2020$4,484,988.280.92%
2021$4,669,241.234.11%
2022$5,111,893.869.48%
2023$5,520,662.268.00%
2024$5,725,286.133.71%
2025$5,860,702.862.37%*

* 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 2002 * 2002 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 175.350 in the year 2002 and 355.597 in 2025:

355.597 / 175.350 * $2,890,000 = $5,860,702.86

Therefore, according to U.S. Bureau of Labor Statistics, $2,890,000 in 2002 has the same "purchasing power" as $5,860,702.86 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.