Cost of Living Comparison for Tampa, FL
Updated 2026 · Local data pre-filled
Tampa's cost of living index is 108 — 8% more expensive than the national average. This factors in housing, groceries, utilities, transportation, and healthcare. Use this calculator to see how your purchasing power would change if you moved to another city.
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How Tampa Compares to the National Average
Understanding how Tampa stacks up helps you calibrate your financial planning.
| Metric | Tampa, FL | US Average | Difference |
|---|---|---|---|
| Median Home Price | $390,000 | $420,800 | -7.3% |
| Median Monthly Rent | $1,435 | $1,713 | -16.2% |
| Median Household Income | $63,800 | $74,580 | -14.5% |
| Property Tax Rate | 0.91% | 1.10% | -17.3% |
| Cost of Living Index | 108 | 100 | +8.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Tampa Financial Snapshot
- Population (Metro)
- 3,250,000
- Unemployment
- 3.3%
- Avg Commute
- 27 min
- Median Age
- 39.2
- Price-to-Rent Ratio
- 22.6x
- Annual Property Tax
- $3,549
Cost of Living Comparison in Other Florida Cities
Frequently Asked Questions — Tampa
What is the median home price in Tampa, FL?
The median home price in Tampa is $390,000 as of 2025–2026. This is below the national median of $420,800.
What is the average rent in Tampa?
Median monthly rent in Tampa is $1,435. That works out to $17,220/year, or 27% of the median household income — within the commonly recommended 30% of income guideline.
Is Tampa affordable?
Tampa's cost of living index is 108 vs. the national average of 100. With a median household income of $63,800/year and a median home price of $390,000, the price-to-income ratio is 6.1x. This makes homeownership a significant stretch for the typical Tampa household.
What is the property tax rate in Tampa?
The effective property tax rate in Tampa is 0.91% of assessed value. On the median home of $390,000, that's roughly $3,549/year ($296/month).