According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 122.08% higher in 2023 versus 1996 (a $610.40 difference in value).
Between 1996 and 2023: Tampa experienced an average inflation rate of 3% per year. This rate of change indicates significant inflation. In other words, $500 in Tampa in the year 1996 would cost $1,110.40 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation in Tampa was higher.
In the year 1996: Pricing changed by 1.46%, which is below the average yearly change in Tampa during the 1996-2023 time period. Compared to inflation for all items in 1996 (2.93%), inflation in Tampa was lower.
Below are calculations of equivalent buying power in Tampa, over time, for $500 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1996 | $500.00 | 1.46% |
1997 | $509.12 | 1.82% |
1998 | $522.42 | 2.61% |
1999 | $534.19 | 2.25% |
2000 | $553.57 | 3.63% |
2001 | $565.35 | 2.13% |
2002 | $584.73 | 3.43% |
2003 | $600.68 | 2.73% |
2004 | $615.50 | 2.47% |
2005 | $640.20 | 4.01% |
2006 | $665.65 | 3.98% |
2007 | $700.18 | 5.19% |
2008 | $722.40 | 3.17% |
2009 | $721.52 | -0.12% |
2010 | $735.20 | 1.90% |
2011 | $755.84 | 2.81% |
2012 | $773.70 | 2.36% |
2013 | $785.66 | 1.55% |
2014 | $800.97 | 1.95% |
2015 | $803.79 | 0.35% |
2016 | $813.21 | 1.17% |
2017 | $833.82 | 2.53% |
2018 | $852.06 | 2.19% |
2019 | $866.77 | 1.73% |
2020 | $888.47 | 2.50% |
2021 | $942.06 | 6.03% |
2022 | $1,039.50 | 10.34% |
2023 | $1,110.40 | 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 |