Cost of Living in Temple Terrace, FL
Population 26,922 · Florida · Data vintage 2023
(100 = US avg)
Most of Temple Terrace's cost indicators track within a reasonable band of national figures, with median household incomes near $65,756 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.
Located 8 miles northeast of Tampa, Temple Terrace falls within that metro's commuting orbit. Median home values run roughly 18% lower than Tampa's $375,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Temple Terrace
The median home value in Temple Terrace is $306,200 — equal to the national median of $305,000. Median rent runs $1,489/month, 13% higher than the national median of $1,314/month. The median household income of $65,756/year is 12% lower than the US median of $74,580. The local unemployment rate is 4.0%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Temple Terrace has a cost of living index of 106 versus the US average of 100, meaning it is 6% 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Temple Terrace, FL?
Temple Terrace has a cost index of 106 (100 = national average). It is 6% above the national average.
What is average rent in Temple Terrace, FL?
The median gross rent in Temple Terrace is $1,489 per month based on 2023 Census data.
What is the average home price in Temple Terrace?
The median home value in Temple Terrace is $306,200 according to Zillow and Census data.
What is the median income in Temple Terrace?
The median household income in Temple Terrace is $65,756 per year (2023 ACS 5-year estimates).
What is the sales tax in Temple Terrace, FL?
The combined state and local sales tax rate in Temple Terrace is 7.0%. Florida has no state income tax.
Is Temple Terrace, FL affordable?
Temple Terrace is near the national average in terms of cost of living, with an index of 106 (100 = US average).
Temple Terrace at a Glance
- Population
- 26,922
- Median Income
- $65,756
- Home Value
- $306,200
- Median Rent
- $1,489/mo
- Unemployment
- 4.0%
- Sales Tax
- 7.0%
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Florida Rankings
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