Miami-Fort Lauderdale, Florida priced at $1,000,000 in 1988 $3,023,268.54 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2025 ($1,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 202.33% higher in 2025 versus 1988 (a $2,023,268.54 difference in value).

Between 1988 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.04% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $1,000,000 in the year 1988 would cost $3,023,268.54 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.72% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1988: Pricing changed by 4.43%, which is above the average yearly change for miami-fort lauderdale, florida during the 1988-2025 time period. Compared to inflation for all items in 1988 (4.08%), 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
1980198519901995200020052010201520202025-1001020
Years with the largest changes in pricing: 1980 (14.04%), 1981 (11.39%), and 1979 (9.70%).

View price changes for other categories
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Buying power of $1,000,000.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,000,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$1,000,000.004.43%
1989$1,040,731.744.07%
1990$1,094,897.815.20%
1991$1,133,485.783.52%
1992$1,152,208.091.65%
1993$1,191,939.403.45%
1994$1,229,384.023.14%
1995$1,274,832.073.70%
1996$1,315,420.893.18%
1997$1,358,153.493.25%
1998$1,375,875.381.30%
1999$1,391,667.861.15%
2000$1,437,687.583.31%
2001$1,482,349.583.11%
2002$1,503,644.421.44%
2003$1,547,163.072.89%
2004$1,588,680.862.68%
2005$1,663,284.264.70%
2006$1,745,891.104.97%
2007$1,817,005.154.07%
2008$1,904,356.874.81%
2009$1,896,769.33-0.40%
2010$1,912,075.180.81%
2011$1,977,120.913.40%
2012$2,015,778.911.96%
2013$2,040,844.651.24%
2014$2,083,849.512.11%
2015$2,104,468.340.99%
2016$2,140,948.981.73%
2017$2,198,112.762.67%
2018$2,272,381.743.38%
2019$2,312,193.081.75%
2020$2,333,504.360.92%
2021$2,429,369.734.11%
2022$2,659,678.439.48%
2023$2,872,357.448.00%
2024$2,978,821.643.71%
2025$3,023,268.541.49%*

* 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
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380352.563

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1988 * 1988 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 116.617 in the year 1988 and 352.563 in 2025:

352.563 / 116.617 * $1,000,000 = $3,023,268.54

Therefore, according to U.S. Bureau of Labor Statistics, $1,000,000 in 1988 has the same "purchasing power" as $3,023,268.54 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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