According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 136.61% higher in 2024 versus 1994 (a $1,366,126,482.21 difference in value).
Between 1994 and 2024: Tampa experienced an average inflation rate of 2.91% per year. This rate of change indicates significant inflation. In other words, $1,000,000,000 in Tampa in the year 1994 would cost $2,366,126,482.21 in 2024 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 1994: Pricing changed by 2.02%, which is below the average yearly change in Tampa during the 1994-2024 time period. Compared to inflation for all items in 1994 (2.60%), inflation in Tampa was lower.
Below are calculations of equivalent buying power in Tampa, over time, for $1,000,000,000 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1994 | $1,000,000,000.00 | 2.02% |
| 1995 | $1,025,296,442.69 | 2.53% |
| 1996 | $1,040,316,205.53 | 1.46% |
| 1997 | $1,059,288,537.55 | 1.82% |
| 1998 | $1,086,956,521.74 | 2.61% |
| 1999 | $1,111,462,450.59 | 2.25% |
| 2000 | $1,151,778,656.13 | 3.63% |
| 2001 | $1,176,284,584.98 | 2.13% |
| 2002 | $1,216,600,790.51 | 3.43% |
| 2003 | $1,249,802,371.54 | 2.73% |
| 2004 | $1,280,632,411.07 | 2.47% |
| 2005 | $1,332,015,810.28 | 4.01% |
| 2006 | $1,384,980,237.15 | 3.98% |
| 2007 | $1,456,822,134.39 | 5.19% |
| 2008 | $1,503,051,383.40 | 3.17% |
| 2009 | $1,501,225,296.44 | -0.12% |
| 2010 | $1,529,675,889.33 | 1.90% |
| 2011 | $1,572,632,411.07 | 2.81% |
| 2012 | $1,609,778,656.13 | 2.36% |
| 2013 | $1,634,671,936.76 | 1.55% |
| 2014 | $1,666,521,739.13 | 1.95% |
| 2015 | $1,672,387,351.78 | 0.35% |
| 2016 | $1,691,992,094.86 | 1.17% |
| 2017 | $1,734,869,565.22 | 2.53% |
| 2018 | $1,772,830,039.53 | 2.19% |
| 2019 | $1,803,430,830.04 | 1.73% |
| 2020 | $1,848,569,169.96 | 2.50% |
| 2021 | $1,960,086,956.52 | 6.03% |
| 2022 | $2,162,822,134.39 | 10.34% |
| 2023 | $2,310,339,920.95 | 6.82% |
| 2024 | $2,366,126,482.21 | 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 |