Cost of Living in Tarpon Springs, FL

Population 25,522 · Florida · Data vintage 2023

101
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Tarpon Springs skews considerably older than the national median, with an average age of 56. Reported household income of $68,877 often reflects pension and investment income rather than wages, which makes the local tax picture — especially property tax treatment — a larger factor than in working-age cities.

Geographically, Tarpon Springs sits roughly 12 miles north of Clearwater. Housing prices track closely with Clearwater's $326,000 median.

Cost Overview

Housing 105
Rent 94

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Tarpon Springs

The median home value in Tarpon Springs is $321,000 — 5% above the national median of $305,000. Median rent runs $1,234/month, 6% lower than the national median of $1,314/month. The median household income of $68,877/year is 8% lower than the US median of $74,580. The local unemployment rate is 5.4%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Tarpon Springs has a cost of living index of 101 versus the US average of 100, meaning it is 1% more expensive.

🏠 Housing

Median Home Value
$321,000
5% above avg
Zillow Home Value
$384,371
Zillow ZHVI
Median Rent
$1,234/mo
6% below avg
Zillow Rent
$2,197/mo
Zillow ZORI
Price-to-Rent Ratio
21.7x
Favors renting
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 80.8%
Renter-occupied 19.2%

💰 Estimated Monthly Budget

Rent median rent
$1,234
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,848/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
33.1 min
23% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.1%

Commute Mode

Drove alone
72.7%
Carpooled
5.2%
Public transit
0.0%
Walked
0.8%
Bicycle
0.8%
Work from home
19.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$68,877
8% below avg
Per Capita Income
$54,559
Unemployment Rate
5.4%
12% above avg
Poverty Rate
10.2%
Labor Force Participation
52.3%

🎓 Education

Bachelor's degree+ 21.4%
Graduate degree 11.0%

👥 Demographics

Median Age 55.7
Male median age 55.8
Female median age 55.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
59.5%
Good air days/yr
113
Max AQI recorded
237
PM2.5 days
125
Ozone days

Frequently Asked Questions

What is the cost of living in Tarpon Springs, FL?

Tarpon Springs has a cost index of 101 (100 = national average). It is 1% above the national average.

What is average rent in Tarpon Springs, FL?

The median gross rent in Tarpon Springs is $1,234 per month based on 2023 Census data.

What is the average home price in Tarpon Springs?

The median home value in Tarpon Springs is $321,000 according to Zillow and Census data.

What is the median income in Tarpon Springs?

The median household income in Tarpon Springs is $68,877 per year (2023 ACS 5-year estimates).

What is the sales tax in Tarpon Springs, FL?

The combined state and local sales tax rate in Tarpon Springs is 7.0%. Florida has no state income tax.

Is Tarpon Springs, FL affordable?

Tarpon Springs is near the national average in terms of cost of living, with an index of 101 (100 = US average).

Tarpon Springs at a Glance

Population
25,522
Median Income
$68,877
Home Value
$321,000
Median Rent
$1,234/mo
Unemployment
5.4%
Sales Tax
7.0%
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Explore county-level cost of living data

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