Miami-Fort Lauderdale, Florida priced at $1,500,000 in 2007 $2,517,283.38 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 2007-2025 ($1,500,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 67.82% higher in 2025 versus 2007 (a $1,017,283.38 difference in value).

Between 2007 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.92% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $1,500,000 in the year 2007 would cost $2,517,283.38 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2007: Pricing changed by 4.07%, which is above the average yearly change for miami-fort lauderdale, florida during the 2007-2025 time period. Compared to inflation for all items in 2007 (2.85%), 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 $1,500,000.00 since 2007

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,500,000 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2007$1,500,000.004.07%
2008$1,572,111.844.81%
2009$1,565,848.07-0.40%
2010$1,578,483.570.81%
2011$1,632,181.053.40%
2012$1,664,094.551.96%
2013$1,684,787.181.24%
2014$1,720,289.162.11%
2015$1,737,310.720.99%
2016$1,767,426.731.73%
2017$1,814,617.402.67%
2018$1,875,928.983.38%
2019$1,908,794.611.75%
2020$1,926,387.800.92%
2021$2,005,527.954.11%
2022$2,195,655.679.48%
2023$2,371,229.488.00%
2024$2,459,119.323.71%
2025$2,517,283.382.37%*

* 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 2007 * 2007 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 211.893 in the year 2007 and 355.597 in 2025:

355.597 / 211.893 * $1,500,000 = $2,517,283.38

Therefore, according to U.S. Bureau of Labor Statistics, $1,500,000 in 2007 has the same "purchasing power" as $2,517,283.38 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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