According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 84.86% higher in 2023 versus 2003 (a $42.43 difference in value).
Between 2003 and 2023: Tampa experienced an average inflation rate of 3.12% per year. This rate of change indicates significant inflation. In other words, $50 in Tampa in the year 2003 would cost $92.43 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation in Tampa was higher.
In the year 2003: Pricing changed by 2.73%, which is below the average yearly change in Tampa during the 2003-2023 time period. Compared to inflation for all items in 2003 (2.27%), inflation in Tampa was higher.
Below are calculations of equivalent buying power in Tampa, over time, for $50 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2003 | $50.00 | 2.73% |
2004 | $51.23 | 2.47% |
2005 | $53.29 | 4.01% |
2006 | $55.41 | 3.98% |
2007 | $58.28 | 5.19% |
2008 | $60.13 | 3.17% |
2009 | $60.06 | -0.12% |
2010 | $61.20 | 1.90% |
2011 | $62.92 | 2.81% |
2012 | $64.40 | 2.36% |
2013 | $65.40 | 1.55% |
2014 | $66.67 | 1.95% |
2015 | $66.91 | 0.35% |
2016 | $67.69 | 1.17% |
2017 | $69.41 | 2.53% |
2018 | $70.92 | 2.19% |
2019 | $72.15 | 1.73% |
2020 | $73.95 | 2.50% |
2021 | $78.42 | 6.03% |
2022 | $86.53 | 10.34% |
2023 | $92.43 | 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 |