Miami-Fort Lauderdale, Florida priced at $1,200,000 in 2000 $2,181,740.64 in 2022

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 2000-2022 ($1,200,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 81.81% higher in 2022 versus 2000 (a $981,740.64 difference in value).

Between 2000 and 2022: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.75% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $1,200,000 in the year 2000 would cost $2,181,740.64 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.39% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2000: Pricing changed by 3.31%, which is above the average yearly change for miami-fort lauderdale, florida during the 2000-2022 time period. Compared to inflation for all items in 2000 (3.38%), inflation for miami-fort lauderdale, florida was lower.

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
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Buying power of $1,200,000.00 since 2000

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,200,000 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$1,200,000.003.31%
2001$1,237,278.193.11%
2002$1,255,052.441.44%
2003$1,291,376.312.89%
2004$1,326,030.122.68%
2005$1,388,299.624.70%
2006$1,457,249.374.97%
2007$1,516,606.394.07%
2008$1,589,516.584.81%
2009$1,583,183.46-0.40%
2010$1,595,958.840.81%
2011$1,650,250.813.40%
2012$1,682,517.621.96%
2013$1,703,439.341.24%
2014$1,739,334.362.11%
2015$1,756,544.360.99%
2016$1,786,993.791.73%
2017$1,834,706.892.67%
2018$1,896,697.253.38%
2019$1,929,926.741.75%
2020$1,947,714.700.92%
2021$2,027,731.004.11%
2022$2,181,740.647.60%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Miami-Fort Lauderdale, Florida:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.997243.012245.416249.670256.337264.998269.640272.125283.305304.823

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2000 * 2000 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 167.658 in the year 2000 and 304.823 in 2022:

304.823 / 167.658 * $1,200,000 = $2,181,740.64

Therefore, according to U.S. Bureau of Labor Statistics, $1,200,000 in 2000 has the same "purchasing power" as $2,181,740.64 in 2022 (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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