Tampa, Florida prices: $1,200,000 in 2000 $2,042,149.62 in 2021

Inflation in Florida

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Prices in Tampa, 2000-2021 ($1,200,000)

According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 70.18% higher in 2021 versus 2000 (a $842,149.62 difference in value).

Between 2000 and 2021: Tampa experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, $1,200,000 in Tampa in the year 2000 would cost $2,042,149.62 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.18% during this same period, inflation in Tampa was higher.

In the year 2000: Pricing changed by 3.63%, which is above the average yearly change in Tampa during the 2000-2021 time period. Compared to inflation for all items in 2000 (3.38%), inflation in Tampa was higher.

Price Inflation in Tampa, Florida since 1987

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2021 (6.03%), 2007 (5.19%), and 1991 (4.21%).

View price changes for other categories
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Buying power of $1,200,000.00 since 2000

Below are calculations of equivalent buying power in Tampa, over time, for $1,200,000 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$1,200,000.003.63%
2001$1,225,531.912.13%
2002$1,267,536.033.43%
2003$1,302,127.662.73%
2004$1,334,248.462.47%
2005$1,387,783.124.01%
2006$1,442,965.003.98%
2007$1,517,814.695.19%
2008$1,565,979.413.17%
2009$1,564,076.87-0.12%
2010$1,593,718.601.90%
2011$1,638,473.582.81%
2012$1,677,175.022.36%
2013$1,703,110.501.55%
2014$1,736,293.751.95%
2015$1,742,404.940.35%
2016$1,762,830.471.17%
2017$1,807,503.092.53%
2018$1,847,052.852.19%
2019$1,878,934.801.73%
2020$1,925,962.942.50%
2021$2,042,149.626.03%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tampa, Florida:

Year19871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021
CPI100.000103.700107.200111.700116.400119.200124.000126.500129.700131.600134.000137.500140.600145.700148.800153.900158.100162.000168.500175.200184.288190.136189.905193.504198.938203.637206.786210.815211.557214.037219.461224.263228.134233.844247.951

Adjust Tampa prices for inflation

Start with the inflation rate formula:

CPI in 2021 / CPI in 2000 * 2000 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Tampa, Florida was 145.700 in the year 2000 and 247.951 in 2021:

247.951 / 145.700 * $1,200,000 = $2,042,149.62

Therefore, according to U.S. Bureau of Labor Statistics, $1,200,000 in 2000 has the same "purchasing power" as $2,042,149.62 in 2021 (in the CPI category of Tampa, Florida).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Tampa, Florida in 1987. In addition to Tampa, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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