According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 188.64% higher in 2024 versus 1988 (a $1,603,401.64 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, $850,000 in Tampa in the year 1988 would cost $2,453,401.64 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 $850,000 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 | $850,000.00 | 3.70% |
| 1989 | $878,688.52 | 3.38% |
| 1990 | $915,573.77 | 4.20% |
| 1991 | $954,098.36 | 4.21% |
| 1992 | $977,049.18 | 2.41% |
| 1993 | $1,016,393.44 | 4.03% |
| 1994 | $1,036,885.25 | 2.02% |
| 1995 | $1,063,114.75 | 2.53% |
| 1996 | $1,078,688.52 | 1.46% |
| 1997 | $1,098,360.66 | 1.82% |
| 1998 | $1,127,049.18 | 2.61% |
| 1999 | $1,152,459.02 | 2.25% |
| 2000 | $1,194,262.30 | 3.63% |
| 2001 | $1,219,672.13 | 2.13% |
| 2002 | $1,261,475.41 | 3.43% |
| 2003 | $1,295,901.64 | 2.73% |
| 2004 | $1,327,868.85 | 2.47% |
| 2005 | $1,381,147.54 | 4.01% |
| 2006 | $1,436,065.57 | 3.98% |
| 2007 | $1,510,557.38 | 5.19% |
| 2008 | $1,558,491.80 | 3.17% |
| 2009 | $1,556,598.36 | -0.12% |
| 2010 | $1,586,098.36 | 1.90% |
| 2011 | $1,630,639.34 | 2.81% |
| 2012 | $1,669,155.74 | 2.36% |
| 2013 | $1,694,967.21 | 1.55% |
| 2014 | $1,727,991.80 | 1.95% |
| 2015 | $1,734,073.77 | 0.35% |
| 2016 | $1,754,401.64 | 1.17% |
| 2017 | $1,798,860.66 | 2.53% |
| 2018 | $1,838,221.31 | 2.19% |
| 2019 | $1,869,950.82 | 1.73% |
| 2020 | $1,916,754.10 | 2.50% |
| 2021 | $2,032,385.25 | 6.03% |
| 2022 | $2,242,598.36 | 10.34% |
| 2023 | $2,395,557.38 | 6.82% |
| 2024 | $2,453,401.64 | 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 |