According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 125.33% higher in 2023 versus 1995 (a $601,602.47 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, $480,000 in Tampa in the year 1995 would cost $1,081,602.47 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 $480,000 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 | $480,000.00 | 2.53% |
1996 | $487,031.61 | 1.46% |
1997 | $495,913.65 | 1.82% |
1998 | $508,866.62 | 2.61% |
1999 | $520,339.24 | 2.25% |
2000 | $539,213.57 | 3.63% |
2001 | $550,686.20 | 2.13% |
2002 | $569,560.52 | 3.43% |
2003 | $585,104.09 | 2.73% |
2004 | $599,537.39 | 2.47% |
2005 | $623,592.91 | 4.01% |
2006 | $648,388.59 | 3.98% |
2007 | $682,021.90 | 5.19% |
2008 | $703,664.46 | 3.17% |
2009 | $702,809.56 | -0.12% |
2010 | $716,128.91 | 1.90% |
2011 | $736,239.32 | 2.81% |
2012 | $753,629.61 | 2.36% |
2013 | $765,283.58 | 1.55% |
2014 | $780,194.29 | 1.95% |
2015 | $782,940.32 | 0.35% |
2016 | $792,118.43 | 1.17% |
2017 | $812,191.83 | 2.53% |
2018 | $829,963.30 | 2.19% |
2019 | $844,289.28 | 1.73% |
2020 | $865,421.13 | 2.50% |
2021 | $917,628.99 | 6.03% |
2022 | $1,012,540.94 | 10.34% |
2023 | $1,081,602.47 | 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 |