Miami-Fort Lauderdale, Florida priced at $1,200,000 in 2010 $1,654,897.19 in 2022

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 2010-2022 ($1,200,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 37.91% higher in 2022 versus 2010 (a $454,897.19 difference in value).

Between 2010 and 2022: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.71% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $1,200,000 in the year 2010 would cost $1,654,897.19 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.41% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2010: Pricing changed by 0.81%, which is below the average yearly change for miami-fort lauderdale, florida during the 2010-2022 time period. Compared to inflation for all items in 2010 (1.64%), 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%).

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Buying power of $1,200,000.00 since 2010

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $1,200,000 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2010$1,200,000.000.81%
2011$1,240,822.083.40%
2012$1,265,083.461.96%
2013$1,280,814.481.24%
2014$1,307,803.922.11%
2015$1,320,744.100.99%
2016$1,343,639.001.73%
2017$1,379,514.442.67%
2018$1,426,124.933.38%
2019$1,451,110.151.75%
2020$1,464,484.900.92%
2021$1,524,649.094.11%
2022$1,654,897.198.54%*

* 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:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.997243.012245.416249.670256.337264.998269.640272.125283.305307.507

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2010 * 2010 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 222.980 in the year 2010 and 307.507 in 2022:

307.507 / 222.980 * $1,200,000 = $1,654,897.19

Therefore, according to U.S. Bureau of Labor Statistics, $1,200,000 in 2010 has the same "purchasing power" as $1,654,897.19 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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