Cost of Living in Tampa, FL
Cost of Living in Tampa, FL | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 11% lower | 11% lower |
Utilities (Monthly) | 9% lower | 0% |
Food | 1% lower | 4% higher |
Healthcare | 0% | 2% lower |
Transportation | 0% | 0% |
Goods & Services | 2% lower | 3% lower |
The cost of living in Tampa, FL is 5% lower than the state average and 4% lower than the national average. Tampa, FL housing is 11% cheaper than the U.S average, while utilities are about 0% . When it comes to basic necessities such as food and clothing, groceries are around 3% less in Tampa, FL than in the rest of the country, while clothing costs around 3% less .
Healthcare services such as doctor check-ups and dentistry cost 2% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 3% cheaper in Tampa, FL.
Housing (Buy and Rent)
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Tampa is $1,834, while home prices circle around $292,257.
Utilities (Monthly)
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Tampa, energy bills cost around $164.07 per month.
Food
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.71 in Tampa, a dozen eggs go for around $1.83 and a pound of potatoes circles around $3.54.
Healthcare
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Tampa, an optometry check-up costs around $99.08, while a dentist appointment is priced $105.90 on average.
Transportation
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.25 in Tampa, while getting your tires balanced will run you about $54.89.
Goods & Services
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $23.89 here. Meanwhile, a pair of women's slacks will set you back around $25.51.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Tampa, you should budget around $12.09 a month. When it comes to personal services, a haircut usually goes for $15.18, while dry cleaning costs about $12.68.
Income
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Tampa, the median household income is $55,634.