Cost Index: 101 · Average Cost

Cost of Living in Tampa

Median income in Tampa is $50,000/year ($4,167/month). Here is how to budget every dollar.

Average Rent in Tampa

$1,300

Studio

$1,550

1 Bedroom

$1,850

2 Bedrooms

Monthly Budget Breakdown: $4,167/month

How to allocate the median Tampa income of $50,000/year after taxes.

Housing

$1,550

37%

Food & Groceries

$420

10%

Transportation

$380

9%

Utilities

$210

5%

Healthcare

$210

5%

Entertainment

$250

6%

Personal & Other

$210

5%

Savings

$937

23%

Total

$4,167

100%

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Needs
$2,08450%
Wants
$1,25030%
Savings
$83320%
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Affordable Neighborhoods in Tampa

1

Seminole Heights has been revitalized with restaurants and breweries at moderate prices

2

Brandon and Temple Terrace east of Tampa offer affordable suburban living

3

St. Petersburg across the bay has a vibrant downtown with competitive rents

Money-Saving Tips for Tampa

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No state income tax — major advantage for your budget

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Budget for flood/renters insurance during hurricane season

$

Shop at Publix (BOGO specials), Aldi, and local seafood markets for savings

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