According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 127.44% higher in 2024 versus 1996 (a $1,121,498.48 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, $880,000 in Tampa in the year 1996 would cost $2,001,498.48 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 $880,000 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 | $880,000.00 | 1.46% |
| 1997 | $896,048.63 | 1.82% |
| 1998 | $919,452.89 | 2.61% |
| 1999 | $940,182.37 | 2.25% |
| 2000 | $974,285.71 | 3.63% |
| 2001 | $995,015.20 | 2.13% |
| 2002 | $1,029,118.54 | 3.43% |
| 2003 | $1,057,203.65 | 2.73% |
| 2004 | $1,083,282.67 | 2.47% |
| 2005 | $1,126,747.72 | 4.01% |
| 2006 | $1,171,550.15 | 3.98% |
| 2007 | $1,232,320.97 | 5.19% |
| 2008 | $1,271,426.14 | 3.17% |
| 2009 | $1,269,881.46 | -0.12% |
| 2010 | $1,293,947.72 | 1.90% |
| 2011 | $1,330,284.50 | 2.81% |
| 2012 | $1,361,706.38 | 2.36% |
| 2013 | $1,382,763.53 | 1.55% |
| 2014 | $1,409,705.17 | 1.95% |
| 2015 | $1,414,666.87 | 0.35% |
| 2016 | $1,431,250.46 | 1.17% |
| 2017 | $1,467,520.36 | 2.53% |
| 2018 | $1,499,631.00 | 2.19% |
| 2019 | $1,525,516.11 | 1.73% |
| 2020 | $1,563,698.48 | 2.50% |
| 2021 | $1,658,031.00 | 6.03% |
| 2022 | $1,829,524.01 | 10.34% |
| 2023 | $1,954,308.81 | 6.82% |
| 2024 | $2,001,498.48 | 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 |