According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 127.44% higher in 2024 versus 1996 (a $981,311.17 difference in value).
Between 1996 and 2024: Tampa experienced an average inflation rate of 2.98% per year. This rate of change indicates significant inflation. In other words, $770,000 in Tampa in the year 1996 would cost $1,751,311.17 in 2024 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 1996: Pricing changed by 1.46%, which is below the average yearly change in Tampa during the 1996-2024 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 $770,000 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 | $770,000.00 | 1.46% |
| 1997 | $784,042.55 | 1.82% |
| 1998 | $804,521.28 | 2.61% |
| 1999 | $822,659.57 | 2.25% |
| 2000 | $852,500.00 | 3.63% |
| 2001 | $870,638.30 | 2.13% |
| 2002 | $900,478.72 | 3.43% |
| 2003 | $925,053.19 | 2.73% |
| 2004 | $947,872.34 | 2.47% |
| 2005 | $985,904.26 | 4.01% |
| 2006 | $1,025,106.38 | 3.98% |
| 2007 | $1,078,280.85 | 5.19% |
| 2008 | $1,112,497.87 | 3.17% |
| 2009 | $1,111,146.28 | -0.12% |
| 2010 | $1,132,204.26 | 1.90% |
| 2011 | $1,163,998.94 | 2.81% |
| 2012 | $1,191,493.09 | 2.36% |
| 2013 | $1,209,918.09 | 1.55% |
| 2014 | $1,233,492.02 | 1.95% |
| 2015 | $1,237,833.51 | 0.35% |
| 2016 | $1,252,344.15 | 1.17% |
| 2017 | $1,284,080.32 | 2.53% |
| 2018 | $1,312,177.13 | 2.19% |
| 2019 | $1,334,826.60 | 1.73% |
| 2020 | $1,368,236.17 | 2.50% |
| 2021 | $1,450,777.13 | 6.03% |
| 2022 | $1,600,833.51 | 10.34% |
| 2023 | $1,710,020.21 | 6.82% |
| 2024 | $1,751,311.17 | 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 |