According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 172.63% higher in 2023 versus 1989 (a $43,157.18 difference in value).
Between 1989 and 2023: Tampa experienced an average inflation rate of 2.99% per year. This rate of change indicates significant inflation. In other words, $25,000 in Tampa in the year 1989 would cost $68,157.18 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.68% during this same period, inflation in Tampa was higher.
In the year 1989: Pricing changed by 3.38%, which is above the average yearly change in Tampa during the 1989-2023 time period. Compared to inflation for all items in 1989 (4.83%), inflation in Tampa was lower.
Below are calculations of equivalent buying power in Tampa, over time, for $25,000 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1989 | $25,000.00 | 3.38% |
1990 | $26,049.44 | 4.20% |
1991 | $27,145.52 | 4.21% |
1992 | $27,798.51 | 2.41% |
1993 | $28,917.91 | 4.03% |
1994 | $29,500.93 | 2.02% |
1995 | $30,247.20 | 2.53% |
1996 | $30,690.30 | 1.46% |
1997 | $31,250.00 | 1.82% |
1998 | $32,066.23 | 2.61% |
1999 | $32,789.18 | 2.25% |
2000 | $33,978.54 | 3.63% |
2001 | $34,701.49 | 2.13% |
2002 | $35,890.86 | 3.43% |
2003 | $36,870.34 | 2.73% |
2004 | $37,779.85 | 2.47% |
2005 | $39,295.71 | 4.01% |
2006 | $40,858.21 | 3.98% |
2007 | $42,977.61 | 5.19% |
2008 | $44,341.42 | 3.17% |
2009 | $44,287.55 | -0.12% |
2010 | $45,126.87 | 1.90% |
2011 | $46,394.12 | 2.81% |
2012 | $47,489.97 | 2.36% |
2013 | $48,224.35 | 1.55% |
2014 | $49,163.95 | 1.95% |
2015 | $49,336.99 | 0.35% |
2016 | $49,915.35 | 1.17% |
2017 | $51,180.27 | 2.53% |
2018 | $52,300.14 | 2.19% |
2019 | $53,202.89 | 1.73% |
2020 | $54,534.51 | 2.50% |
2021 | $57,824.39 | 6.03% |
2022 | $63,805.27 | 10.34% |
2023 | $68,157.18 | 6.82%* |
* 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 Tampa, Florida:
Year | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
CPI | 100.000 | 103.700 | 107.200 | 111.700 | 116.400 | 119.200 | 124.000 | 126.500 | 129.700 | 131.600 | 134.000 | 137.500 | 140.600 | 145.700 | 148.800 | 153.900 | 158.100 | 162.000 | 168.500 | 175.200 | 184.288 | 190.136 | 189.905 | 193.504 | 198.938 | 203.637 | 206.786 | 210.815 | 211.557 | 214.037 | 219.461 | 224.263 | 228.134 | 233.844 | 247.951 | 273.597 | 292.258 |