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Cost of Living in Tampa

Overall index: 98.5 — 3 points below Florida average. Florida statewide average: 101.4.

Where your money goes in Tampa

Estimated spending breakdown on a $75,000 salary in Tampa

Housing$25,245
Groceries$10,043
Utilities$5,150
Transportation$11,976
Healthcare$5,562
Dining & Misc$7,553
Savings$9,750
Discretionary$0

Estimated annual spending: $65,529($9,471 remaining)

What things cost in Tampa

Item Tampa Florida avg US avg
Median home price $370,000 $385,000 $360,000
Average 2BR rent $1,650/mo $1,449/mo $1,400/mo
Gas (regular) $3.63/gal $3.63/gal $3.50/gal
Electric bill $111/mo $111/mo $137/mo
Infant childcare $13,021/yr $13,021/yr $13,500/yr

Index by category

Tampa vs Florida statewide. National average = 100.

Housing 102.0 / 103.5 state
Groceries 103.0 / 104.3 state
Utilities 98.1 / 98.1 state
Transportation 99.8 / 99.8 state
Healthcare 92.7 / 92.7 state
Dining & Misc 100.7 / 100.7 state
US avg (100)
Florida avg

Other cities in Florida

FAQ

What is the cost of living in Tampa?

Tampa has an overall cost-of-living index of 98.5 (national average = 100). This is lower the Florida statewide average of 101.4. Median home prices are $370,000 and average 2BR rent is $1,650/month.

Is Tampa expensive to live in?

Tampa is near the national average with an index of 98.5.

How much does rent cost in Tampa?

Average 2-bedroom rent in Tampa is $1,650/month, compared to the national average of $1,400/month and the Florida statewide average of $1,449/month.

What salary do I need to live in Tampa?

A $75,000 salary at the national average cost of living is equivalent to $73,875 in Tampa. Your money goes about as far or further than the national average.

Where does this data come from?

Metro-level data combines BEA Regional Price Parities (2024), C2ER COLI metro indices (2025), Zillow ZHVI/ZORI metro data (2024-2025), and state-level data from MERIC, AAA, EIA, and Child Care Aware.

Related tools

Metro-level data from BEA Regional Price Parities (2024), C2ER COLI (2025), and Zillow ZHVI (2024-2025). Where metro data is unavailable, Florida statewide averages are used.