Cost of Living in Tampa, FL
Population 393,389 · Florida · Data vintage 2023
(100 = US avg)
Tampa lands reasonably close to national benchmarks on most cost indicators, with a median home value of $375,000 — 23% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Florida.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Tampa
The median home value in Tampa is $375,300 — 23% above the national median of $305,000. Median rent runs $1,567/month, 19% higher than the national median of $1,314/month. The median household income of $71,302/year is 4% lower than the US median of $74,580. The local unemployment rate is 4.7%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 83.0°F and lows of 66.1°F. Overall, Tampa has a cost of living index of 122 versus the US average of 100, meaning it is 22% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 71 | 74 | 78 | 83 | 88 | 91 | 91 | 91 | 90 | 86 | 79 | 74 |
| Low °F | 53 | 56 | 59 | 65 | 71 | 75 | 77 | 77 | 75 | 69 | 61 | 56 |
| Precip" | 2.65 | 2.62 | 2.52 | 2.55 | 2.60 | 7.37 | 7.75 | 9.03 | 6.09 | 2.34 | 1.40 | 2.56 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Tampa, FL?
Tampa has a cost index of 122 (100 = national average). It is 22% above the national average.
What is average rent in Tampa, FL?
The median gross rent in Tampa is $1,567 per month based on 2023 Census data.
What is the average home price in Tampa?
The median home value in Tampa is $375,300 according to Zillow and Census data.
What is the median income in Tampa?
The median household income in Tampa is $71,302 per year (2023 ACS 5-year estimates).
What is the sales tax in Tampa, FL?
The combined state and local sales tax rate in Tampa is 7.0%. Florida has no state income tax.
Is Tampa, FL affordable?
Tampa is above average in cost of living, with an index of 122 — about 22% higher than the national average.
What is the weather like in Tampa?
Tampa has average high temperatures of 83.0°F and average lows of 66.1°F. Annual precipitation is 49.5". Data from NOAA 1991–2020 Climate Normals.
Tampa at a Glance
- Population
- 393,389
- Median Income
- $71,302
- Home Value
- $375,300
- Median Rent
- $1,567/mo
- Unemployment
- 4.7%
- Avg High Temp
- 83.0°F
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
Similar Cost Cities
Cities in other states with comparable housing costs