Cost of Living in Tampa, FL
Tampa has a cost of living index of 103 (100 = national average), making it close to the national average. The median household income is $55,584 and the median home price is $395,000.
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Tampa at a Glance
Population
407,599
Cost of Living Index
103
Median Income
$55,584
Median Home Price
$395,000
Property Tax Rate
0.87%
Sales Tax Rate
7.50%
Rent Index
105
State
Florida
Living in Tampa
Tampa has a cost of living slightly above the national average. While housing at $395,000 is a significant expense, the area offers a balance between cost and quality of life.
The combined sales tax rate in Tampa is 7.50%, and the effective property tax rate is 0.87%. Property taxes are close to the national average.