Miami-Fort Lauderdale, Florida priced at $7,000,000 in 1988 $21,162,879.81 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1988-2025 ($7,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 202.33% higher in 2025 versus 1988 (a $14,162,879.81 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 $7,000,000 in the year 1988 would cost $21,162,879.81 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 $7,000,000.00 since 1988

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $7,000,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$7,000,000.004.43%
1989$7,285,122.204.07%
1990$7,664,284.695.20%
1991$7,934,400.463.52%
1992$8,065,456.621.65%
1993$8,343,575.823.45%
1994$8,605,688.153.14%
1995$8,923,824.503.70%
1996$9,207,946.263.18%
1997$9,507,074.463.25%
1998$9,631,127.631.30%
1999$9,741,675.001.15%
2000$10,063,813.063.31%
2001$10,376,447.053.11%
2002$10,525,510.931.44%
2003$10,830,141.492.89%
2004$11,120,766.042.68%
2005$11,642,989.854.70%
2006$12,221,237.674.97%
2007$12,719,036.024.07%
2008$13,330,498.074.81%
2009$13,277,385.31-0.40%
2010$13,384,526.230.81%
2011$13,839,846.363.40%
2012$14,110,452.341.96%
2013$14,285,912.531.24%
2014$14,586,946.552.11%
2015$14,731,278.410.99%
2016$14,986,642.851.73%
2017$15,386,789.342.67%
2018$15,906,672.153.38%
2019$16,185,351.581.75%
2020$16,334,530.510.92%
2021$17,005,588.114.11%
2022$18,617,749.049.48%
2023$20,106,502.078.00%
2024$20,851,751.463.71%
2025$21,162,879.811.49%*

* 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 * $7,000,000 = $21,162,879.81

Therefore, according to U.S. Bureau of Labor Statistics, $7,000,000 in 1988 has the same "purchasing power" as $21,162,879.81 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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