Cost of Living in Tampa, FL

Housing

The housing market plays a significant role in determining the cost of living in Tampa, FL.

• Housing Index: 110.0 / 100
• Median Home Price is: $388000
• Average Rent (2 BR Apartment): $1800 per month
• Average Rent (2 BR House): $1840 per month

Considering a move to Tampa, FL? With a housing index of 110.0, the area appears to be moderately priced compared to national averages. The median home price of 388000 combined with rental rates averaging 1800 for apartments and 1840 for houses may suggest a competitive market. This region could be ideal for those seeking urban living with access to amenities. However, be aware that housing costs may impact your overall budget, making it essential to evaluate your long-term financial objectives before making a decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tampa, FL.

• Electricity Price: 13.89 USD (median by state)
• Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $250 per month

Living in Tampa, FL could entail higher utility costs. Electricity costs sit at 13.89, while natural gas is priced at 26.13 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 105.2

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $66802

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

• Click here for more information

Summary

When considering a move to Tampa, FL, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.