New York, NY vs Tampa, FL
Cost of living comparison · 2023 Census ACS data
Quick Summary
New York is materially more expensive on housing — $752,000 for a typical home compared with $375,000 in Tampa, a gap of roughly 50%. Tampa also has no state income tax, while the other state tops out at 10.9% — a meaningful annual difference at higher income levels.
Median Home Value
$751,700
$375,300 ✓
Zillow Home Value
$812,534
$369,078
Median Gross Rent
$1,779/mo
$1,567/mo ✓
Owner Occupied %
32.8%
50.2%
Price-to-Rent Ratio
35.2x
20.0x
Median Household Income
$79,713 ✓
$71,302
Per Capita Income
$50,776
$49,513
Unemployment Rate
7.7%
4.7% ✓
Poverty Rate
17.4%
15.9%
Avg Commute (min)
44.8 min
26.9 min
Drove Alone %
21.9%
66.0%
Public Transit %
45.5%
1.3%
Work From Home %
15.0%
19.3%
State Income Tax
10.9%
None
Total Sales Tax
8.5%
7.0% ✓
Property Tax Rate
1.7%
0.9%
Bachelor's Degree %
23.6%
26.3%
Median Age
38
35.6
Avg High Temp
62.6°F
83.0°F
Annual Precipitation
49.5"
49.5"
Annual Snowfall
29.8"
0"
New York, NY 1 wins
- ✓Median Household Income
Tampa, FL 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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