Cost of Living in Tampa

Florida · Population: 401,618 · Updated 2026

Average
Cost Index
100.9
100 = US avg
Median Income
$75K
Annual household
Median Rent
$1,701/mo
2-bedroom unit
Rent Burden
27%
Income to rent ratio
Cost Category Breakdown

Indexed to national average (100)

Housing100.1
Groceries335.3
Utilities100.0
Transportation280.5
Healthcare100.0
Economic Details
Median Home Value$420K
State Income TaxNone
Unemployment Rate4.6%
Est. Net Income$75K/yr
Affordability Score
100
out of 100
Above national average cost
Salary Converter for Tampa

See what salary you'd need in another city to match your purchasing power in Tampa.

$75,000

About Tampa

Tampa is one of Florida's fastest-growing cities with a thriving finance, healthcare, and defense sector. No state income tax and beautiful weather make it a top destination, though housing costs have risen sharply.

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Frequently Asked Questions

Is Tampa expensive?

Tampa has a cost of living index of 100.9, where 100 represents the national average. This is close to the national average.

What salary do you need to live comfortably in Tampa?

Based on a rent-to-income ratio of 30%, you'd need at least $68,040 to afford the median 2-bedroom apartment in Tampa and maintain basic expenses.

What is the median rent in Tampa?

The median 2-bedroom rent in Tampa is $1,701 per month, according to HUD Fair Market Rent data.