According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 145.18% higher in 2023 versus 1992 (a $1,451,828,859.06 difference in value).
Between 1992 and 2023: Tampa experienced an average inflation rate of 2.94% per year. This rate of change indicates significant inflation. In other words, $1,000,000,000 in Tampa in the year 1992 would cost $2,451,828,859.06 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation in Tampa was higher.
In the year 1992: Pricing changed by 2.41%, which is below the average yearly change in Tampa during the 1992-2023 time period. Compared to inflation for all items in 1992 (3.03%), inflation in Tampa was lower.
Below are calculations of equivalent buying power in Tampa, over time, for $1,000,000,000 beginning in 1992. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1992 | $1,000,000,000.00 | 2.41% |
1993 | $1,040,268,456.38 | 4.03% |
1994 | $1,061,241,610.74 | 2.02% |
1995 | $1,088,087,248.32 | 2.53% |
1996 | $1,104,026,845.64 | 1.46% |
1997 | $1,124,161,073.83 | 1.82% |
1998 | $1,153,523,489.93 | 2.61% |
1999 | $1,179,530,201.34 | 2.25% |
2000 | $1,222,315,436.24 | 3.63% |
2001 | $1,248,322,147.65 | 2.13% |
2002 | $1,291,107,382.55 | 3.43% |
2003 | $1,326,342,281.88 | 2.73% |
2004 | $1,359,060,402.68 | 2.47% |
2005 | $1,413,590,604.03 | 4.01% |
2006 | $1,469,798,657.72 | 3.98% |
2007 | $1,546,040,268.46 | 5.19% |
2008 | $1,595,100,671.14 | 3.17% |
2009 | $1,593,162,751.68 | -0.12% |
2010 | $1,623,355,704.70 | 1.90% |
2011 | $1,668,942,953.02 | 2.81% |
2012 | $1,708,364,093.96 | 2.36% |
2013 | $1,734,781,879.19 | 1.55% |
2014 | $1,768,582,214.77 | 1.95% |
2015 | $1,774,807,046.98 | 0.35% |
2016 | $1,795,612,416.11 | 1.17% |
2017 | $1,841,115,771.81 | 2.53% |
2018 | $1,881,401,006.71 | 2.19% |
2019 | $1,913,875,838.93 | 1.73% |
2020 | $1,961,778,523.49 | 2.50% |
2021 | $2,080,125,838.93 | 6.03% |
2022 | $2,295,276,845.64 | 10.34% |
2023 | $2,451,828,859.06 | 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 |