Miami-Fort Lauderdale, Florida priced at $7,000,000 in 2016 → $9,884,812.77 in 2025

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 2016-2025 ($7,000,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 41.21% higher in 2025 versus 2016 (a $2,884,812.77 difference in value).

Between 2016 and 2025: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.91% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $7,000,000 in the year 2016 would cost $9,884,812.77 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.21% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2016: Pricing changed by 1.73%, which is below the average yearly change for miami-fort lauderdale, florida during the 2016-2025 time period. Compared to inflation for all items in 2016 (1.26%), 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 2016

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $7,000,000 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2016$7,000,000.001.73%
2017$7,186,901.462.67%
2018$7,429,729.673.38%
2019$7,559,895.981.75%
2020$7,629,574.870.92%
2021$7,943,014.194.11%
2022$8,696,026.499.48%
2023$9,391,397.128.00%
2024$9,739,490.143.71%
2025$9,884,812.771.49%*

* 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 2016 * 2016 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 249.670 in the year 2016 and 352.563 in 2025:

352.563 / 249.670 * $7,000,000 = $9,884,812.77

Therefore, according to U.S. Bureau of Labor Statistics, $7,000,000 in 2016 has the same "purchasing power" as $9,884,812.77 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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