According to the U.S. Bureau of Labor Statistics, prices in Tampa, Florida are 77.64% higher in 2024 versus 2005 (a $10,868,902.08 difference in value).
Between 2005 and 2024: Tampa experienced an average inflation rate of 3.07% per year. This rate of change indicates significant inflation. In other words, $14,000,000 in Tampa in the year 2005 would cost $24,868,902.08 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation in Tampa was higher.
In the year 2005: Pricing changed by 4.01%, which is above the average yearly change in Tampa during the 2005-2024 time period. Compared to inflation for all items in 2005 (3.39%), inflation in Tampa was higher.
Below are calculations of equivalent buying power in Tampa, over time, for $14,000,000 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2005 | $14,000,000.00 | 4.01% |
2006 | $14,556,676.56 | 3.98% |
2007 | $15,311,762.61 | 5.19% |
2008 | $15,797,649.85 | 3.17% |
2009 | $15,778,456.97 | -0.12% |
2010 | $16,077,483.68 | 1.90% |
2011 | $16,528,973.29 | 2.81% |
2012 | $16,919,394.66 | 2.36% |
2013 | $17,181,032.64 | 1.55% |
2014 | $17,515,786.35 | 1.95% |
2015 | $17,577,436.20 | 0.35% |
2016 | $17,783,489.61 | 1.17% |
2017 | $18,234,148.37 | 2.53% |
2018 | $18,633,127.60 | 2.19% |
2019 | $18,954,753.71 | 1.73% |
2020 | $19,429,175.07 | 2.50% |
2021 | $20,601,270.03 | 6.03% |
2022 | $22,732,094.96 | 10.34% |
2023 | $24,282,563.80 | 6.82% |
2024 | $24,868,902.08 | 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 |