According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 188.64% higher in 2024 versus 1988 (a $2,640,896.82 difference in value).
Between 1988 and 2024: Tampa experienced an average inflation rate of 2.99% per year. This rate of change indicates significant inflation. In other words, $1,400,000 in Tampa in the year 1988 would cost $4,040,896.82 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation in Tampa was higher.
In the year 1988: Pricing changed by 3.70%, which is above the average yearly change in Tampa during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation in Tampa was lower.
Below are calculations of equivalent buying power in Tampa, over time, for $1,400,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1988 | $1,400,000.00 | 3.70% |
| 1989 | $1,447,251.69 | 3.38% |
| 1990 | $1,508,003.86 | 4.20% |
| 1991 | $1,571,456.12 | 4.21% |
| 1992 | $1,609,257.47 | 2.41% |
| 1993 | $1,674,059.79 | 4.03% |
| 1994 | $1,707,810.99 | 2.02% |
| 1995 | $1,751,012.54 | 2.53% |
| 1996 | $1,776,663.45 | 1.46% |
| 1997 | $1,809,064.61 | 1.82% |
| 1998 | $1,856,316.30 | 2.61% |
| 1999 | $1,898,167.79 | 2.25% |
| 2000 | $1,967,020.25 | 3.63% |
| 2001 | $2,008,871.75 | 2.13% |
| 2002 | $2,077,724.20 | 3.43% |
| 2003 | $2,134,426.23 | 2.73% |
| 2004 | $2,187,078.11 | 2.47% |
| 2005 | $2,274,831.24 | 4.01% |
| 2006 | $2,365,284.47 | 3.98% |
| 2007 | $2,487,976.86 | 5.19% |
| 2008 | $2,566,927.68 | 3.17% |
| 2009 | $2,563,809.06 | -0.12% |
| 2010 | $2,612,397.30 | 1.90% |
| 2011 | $2,685,758.92 | 2.81% |
| 2012 | $2,749,197.69 | 2.36% |
| 2013 | $2,791,710.70 | 1.55% |
| 2014 | $2,846,104.15 | 1.95% |
| 2015 | $2,856,121.50 | 0.35% |
| 2016 | $2,889,602.70 | 1.17% |
| 2017 | $2,962,829.32 | 2.53% |
| 2018 | $3,027,658.63 | 2.19% |
| 2019 | $3,079,919.00 | 1.73% |
| 2020 | $3,157,006.75 | 2.50% |
| 2021 | $3,347,458.05 | 6.03% |
| 2022 | $3,693,691.42 | 10.34% |
| 2023 | $3,945,623.92 | 6.82% |
| 2024 | $4,040,896.82 | 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 |