Miami-Fort Lauderdale, Florida priced at$740,000 in 2003$1,464,246.42 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

$

Prices for Miami-fort Lauderdale, Florida, 2003-2026 ($740,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 97.87% higher in 2026 versus 2003 (a $724,246.42 difference in value).

Between 2003 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.01% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $740,000 in the year 2003 would cost $1,464,246.42 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2003: Pricing changed by 2.89%, which is below the average yearly change for miami-fort lauderdale, florida during the 2003-2026 time period. Compared to inflation for all items in 2003 (2.27%), 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
Fresh fruits · New trucks · Educational books and supplies · Food · More

Buying power of $740,000.00 since 2003

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $740,000 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$740,000.002.89%
2004$759,857.742.68%
2005$795,540.164.70%
2006$835,050.584.97%
2007$869,064.054.07%
2008$910,843.924.81%
2009$907,214.84-0.40%
2010$914,535.550.81%
2011$945,646.583.40%
2012$964,136.501.96%
2013$976,125.321.24%
2014$996,694.312.11%
2015$1,006,556.200.99%
2016$1,024,004.691.73%
2017$1,051,345.832.67%
2018$1,086,868.293.38%
2019$1,105,909.851.75%
2020$1,116,102.920.92%
2021$1,161,954.834.11%
2022$1,272,110.289.48%
2023$1,373,833.538.00%
2024$1,424,754.803.71%
2025$1,458,453.662.37%
2026$1,464,246.420.40%*

* 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 2003* 2003 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 180.425 in the year 2003 and 357.009 in 2026:

357.009 / 180.425* $740,000 = $1,464,246.42

Therefore, according to U.S. Bureau of Labor Statistics, $740,000 in 2003 has the same "purchasing power" as $1,464,246.42 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.

» Read more about inflation and investment.