According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 188.64% higher in 2024 versus 1988 (a $1,395,902.60 difference in value).
Between 1988 and 2024: Tampa experienced an average inflation rate of 2.99% per year. This rate of change indicates significant inflation. In other words, $740,000 in Tampa in the year 1988 would cost $2,135,902.60 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation in Tampa was higher.
In the year 1988: Pricing changed by 3.70%, which is above the average yearly change in Tampa during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation in Tampa was lower.
Below are calculations of equivalent buying power in Tampa, over time, for $740,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1988 | $740,000.00 | 3.70% |
| 1989 | $764,975.89 | 3.38% |
| 1990 | $797,087.75 | 4.20% |
| 1991 | $830,626.81 | 4.21% |
| 1992 | $850,607.52 | 2.41% |
| 1993 | $884,860.17 | 4.03% |
| 1994 | $902,700.10 | 2.02% |
| 1995 | $925,535.20 | 2.53% |
| 1996 | $939,093.54 | 1.46% |
| 1997 | $956,219.86 | 1.82% |
| 1998 | $981,195.76 | 2.61% |
| 1999 | $1,003,317.26 | 2.25% |
| 2000 | $1,039,710.70 | 3.63% |
| 2001 | $1,061,832.21 | 2.13% |
| 2002 | $1,098,225.65 | 3.43% |
| 2003 | $1,128,196.72 | 2.73% |
| 2004 | $1,156,027.00 | 2.47% |
| 2005 | $1,202,410.80 | 4.01% |
| 2006 | $1,250,221.79 | 3.98% |
| 2007 | $1,315,073.48 | 5.19% |
| 2008 | $1,356,804.63 | 3.17% |
| 2009 | $1,355,156.22 | -0.12% |
| 2010 | $1,380,838.57 | 1.90% |
| 2011 | $1,419,615.43 | 2.81% |
| 2012 | $1,453,147.35 | 2.36% |
| 2013 | $1,475,618.51 | 1.55% |
| 2014 | $1,504,369.33 | 1.95% |
| 2015 | $1,509,664.22 | 0.35% |
| 2016 | $1,527,361.43 | 1.17% |
| 2017 | $1,566,066.92 | 2.53% |
| 2018 | $1,600,333.85 | 2.19% |
| 2019 | $1,627,957.18 | 1.73% |
| 2020 | $1,668,703.57 | 2.50% |
| 2021 | $1,769,370.68 | 6.03% |
| 2022 | $1,952,379.75 | 10.34% |
| 2023 | $2,085,544.07 | 6.82% |
| 2024 | $2,135,902.60 | 2.41%* |
* 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 | 2024 |
| 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 | 299.315 |