Cost of Living Breakdown
Housing & Income in Tampa
About Living in Tampa
Tampa is a thriving Gulf Coast metro with a diverse economy, vibrant nightlife in Ybor City, and one of Florida's most affordable major cities.
With a cost of living index of 101, Tampa is 1% above the US average and 4 points below the Florida average of 105. The median household income of $55,000 supports a home-price-to-income ratio of 7.1x — above the recommended 4–5x threshold.
FAQ
Common questions about cost of living in Tampa
What is the cost of living in Tampa, FL?
Tampa's overall cost of living index is 101 compared to the US average of 100. Housing (101) is the main driver, with groceries at 101, healthcare at 99, transportation at 103, and utilities at 101.
Is Tampa affordable to live in?
Tampa is near the national average with a COL index of 101. It offers a balance of amenities and affordability. Median rent is $2,000/mo.
How does Tampa compare to the Florida average?
Tampa's COL index of 101 is 4 points below the Florida average of 105. It's one of Florida's more budget-friendly options.