According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 125.33% higher in 2023 versus 1995 (a $146,640,601.39 difference in value).
Between 1995 and 2023: Tampa experienced an average inflation rate of 2.94% per year. This rate of change indicates significant inflation. In other words, $117,000,000 in Tampa in the year 1995 would cost $263,640,601.39 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation in Tampa was higher.
In the year 1995: Pricing changed by 2.53%, which is below the average yearly change in Tampa during the 1995-2023 time period. Compared to inflation for all items in 1995 (2.81%), inflation in Tampa was lower.
Below are calculations of equivalent buying power in Tampa, over time, for $117,000,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1995 | $117,000,000.00 | 2.53% |
1996 | $118,713,955.28 | 1.46% |
1997 | $120,878,951.43 | 1.82% |
1998 | $124,036,237.47 | 2.61% |
1999 | $126,832,690.82 | 2.25% |
2000 | $131,433,307.63 | 3.63% |
2001 | $134,229,760.99 | 2.13% |
2002 | $138,830,377.79 | 3.43% |
2003 | $142,619,121.05 | 2.73% |
2004 | $146,137,239.78 | 2.47% |
2005 | $152,000,771.01 | 4.01% |
2006 | $158,044,718.58 | 3.98% |
2007 | $166,242,837.32 | 5.19% |
2008 | $171,518,211.26 | 3.17% |
2009 | $171,309,830.38 | -0.12% |
2010 | $174,556,422.51 | 1.90% |
2011 | $179,458,334.62 | 2.81% |
2012 | $183,697,216.65 | 2.36% |
2013 | $186,537,872.01 | 1.55% |
2014 | $190,172,359.29 | 1.95% |
2015 | $190,841,703.93 | 0.35% |
2016 | $193,078,866.62 | 1.17% |
2017 | $197,971,757.90 | 2.53% |
2018 | $202,303,554.36 | 2.19% |
2019 | $205,795,512.72 | 1.73% |
2020 | $210,946,399.38 | 2.50% |
2021 | $223,672,066.31 | 6.03% |
2022 | $246,806,854.28 | 10.34% |
2023 | $263,640,601.39 | 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 |